In early Busy Season Barometer readings, hope springs eternal.
By CPA Trendlines Research
UK-based Sift Media pulls the plug.
From Sift Media
Following rising costs and decreasing margins over the last 12 months, with an increasingly commoditized US advertising market, Sift, the owner of AccountingWEB based in Bristol, UK, has made the decision to close its US operations on Sept. 1.
Despite the successful launch of its first event, AccountingWEB Live Summit, looking ahead to 2023 as the US enters a recession, the position is not set to improve.
Yes, NASA has a plan for that.
By Rick Richardson
Technology This Week
Every satellite put into orbit in the history of spaceflight has relied on rockets. Now a company called SpinLaunch is celebrating the first successful test launch for its kinetic launch system, a method that instead uses a massive accelerator, larger than the Statue of Liberty and powered by an electric centrifuge, that flings a payload into space like a discus.
MORE in TECH: The Big Issues in Audit: Frustration, Inconsistency, and Technology | Why Doing Nothing Is Not an Option | The Key that Unlocks Client Advisory Services | New Insights on Emerging Technologies and People Issues
PRO Members: Log in here or upgrade to PRO today.
NASA has noticed, and is climbing on board with a testing program,
Merger joins Jody Grunden, author of “Building the Virtual Firm in the Cloud,” with Bob Minkler Jr.’s top 100 super-regional.
Anthony Zecca, author of CPA Trendlines’ “Leading from the Edge,” advised.
– More Grunden here | See “Building the Virtual CFO Firm in the Cloud” by Grunden | More Zecca here | See “Leading from the Edge” by Zecca
E-commerce changes everything.
Avalara, the tax compliance automation software provider, has opened registration for CRUSH, its sixth annual tax, and technology event. The virtual conference will take place May 17–18, 2022. Registration is free at AvalaraCRUSH.com.
“E-commerce has erased borders and created new channels for businesses of all sizes. At the same time, our omnichannel economy has created new and expanded compliance challenges,” said Scott McFarlane, co-founder, and CEO of Avalara. “During this year’s global virtual event, we aim to help businesses understand the global tax landscape and equip them with the tools they need to keep compliance from getting in the way of growth.”
Headline sessions for CRUSH include: READ MORE →
We may be miserable but the money is rolling in.
How does your tax practice measure up?
Join the Survey. Get the Results.
By CPA Trendlines Research
For the first time in a long time, the CPA Trendlines Busy Season Barometer is picking up signs of optimism among tax practitioners.
Optimism! It seems kind of quaint today, like a rerun of Mary Poppins.
MORE: IRS Tops List of Busy Season Problems | Shut Down the Tax Charlatans | Tax Pros Preparing 46 Percent of E-filings | Eight Quick, Easy Ways to Fix IRS Filing | For a Few: Why Busy Season 2022 Beats 2021 | A Tax Season Worse than 2021? | 16 Traits of the Best Tax Clients | Six Fixable Problems at the IRS | IRS under COVID: Heroes or Goats? | IRS Launches 2022 Season with “Strong Start” | Two Big (and Obvious) Ways IRS Could Work with Practitioners | Imagine a Fully Online IRS | The Real Cost of Interstate Sales Tax | IRS At Death’s Door? | Beyond Tax Prep: The Big Cha-Ching! | Crisis at the IRS | The IRS’s 10 Biggest Problems | Fear and Loathing for Tax Season ’22
- More in Tax Season here | More in Research & Surveys here | More in the CPA Trendlines Shop here
But Mary Poppins, CPA, might have a bit of a hangover.
AI-powered fintech to deploy funds for product development and marketing.
Trullion, which promises to help automate lease accounting, says it has closed $15 million in Series A funding, co-led by Aleph and Third Point Ventures, with participation from existing investors Greycroft and Verissimo Ventures, and seasoned financial executives including Jody Padar, “The Radical CPA” at CPA Trendlines.
See: Trullion: New A.I. Startup Targets Rev Rec, Lease Accounting
“Accounting errors due to incorrect data entry, omissions, and compliance oversights can cost organizations millions of dollars and harm their brand reputations, yet it’s still all too commonplace for manual, laborious practices to pervade,” says Isaac Heller, co-founder, and CEO of Trullion.
First stats show 4 million refunds delivered in opening days.