Prime Meridian, a tax solutions provider, officially launched today with a free tax filing solution supported by former IRS Commissioner Danny Werfel, who is serving as a strategic advisor for the new company. Processing Content “Americans should have access to a free, easy-to-use platform that guides them through filing their
Overall, institutional investors continue to place strong trust in public company audits as an essential check on the financial statements issued by companies, but auditor independence remains a focus for them, according to a new survey. Processing Content The survey, released Wednesday by the Center for Audit Quality, found that
The American Institute of CPAs’ Auditing Standards Board has published a work plan for 2026 through 2027 and a five-year strategic plan for 2026 through 2030. Processing Content Among the priorities is a standards update that’s expected to be finalized in the third quarter of this year aimed at strengthening
The American Institute of CPAs’ Auditing Standards Board has published a work plan for 2026 through 2027 and a five-year strategic plan for 2026 through 2030. Processing Content Among the priorities is a standards update that’s expected to be finalized in the third quarter of this year aimed at strengthening
The American Institute of CPAs’ Auditing Standards Board has published a work plan for 2026 through 2027 and a five-year strategic plan for 2026 through 2030. Processing Content Among the priorities is a standards update that’s expected to be finalized in the third quarter of this year aimed at strengthening
A group of Senate and House Democrats is introducing legislation that would bring back the Direct File free tax preparation program that was recently ended by the Trump administration. Processing Content Sen. Elizabeth Warren, D-Massachusetts, introduced the Direct File Act last Friday in the Senate, along with Rep. Brad Sherman,
Botkeeper Infinite has a new lease on life as it has been acquired by bookkeeping and accounting solutions provider Xendoo. The news comes just weeks after CEO Enrico Palmerino announced the company was shutting down (see previous story.) Palmerino has confirmed the acquisition in an interview with Accounting Today. Processing
Top 25 firm Armanino has selected Inflo as a strategic technology partner as part of its broader vision to build a next-generation, AI-enabled audit platform, and has integrated Inflo into Armanino’s Audit Ally and Armanino Access ecosystem. Armanino clients will have real-time visibility into the status of their audit and
President Donald Trump’s name appears on the coronavirus economic assistance checks that were sent to citizens across the country.Chip Somodevilla/Getty Images The Internal Revenue Service issued Recovery Rebate Credits for the pandemic to nearly 301,000 ineligible taxpayers, many of whom were either immigrants or received an extra payment, according to
Sorren, a rapidly growing firm based in Meridian, Idaho, acquired Connected Accounting, expanding its presence in California. Processing Content Connected Accounting is a technology-heavy accounting firm founded in 2019 by Marie Greene and based in Los Angeles. Terms of the deal were not disclosed. “Connected Accounting has built a strong