Taxes and Accounting News

Accounting News – including accounting, certified public accountants , CPA, tax preparation, tax software, and related personal and business accounting industry news, as issued by the Send2Press Newswire service.


AFL Global Automates Energy Management and Anticipates $304K of Savings in First Year with EnergyCAP

BOALSBURG, Pa., Nov. 18, 2024 (SEND2PRESS NEWSWIRE) — AFL Global, a global leader in telecommunications and fiber optic solutions, has achieved a significant sustainability milestone by leveraging EnergyCAP, a leading energy and sustainability software platform. By implementing EnergyCAP, AFL Global has automated the management of nearly two-hundred utility accounts, which has enabled $304,000 in anticipated annual energy and utility cost savings and substantial environmental gains.

IRS Advance Notice by IRS Solutions Named as CPA Practice Advisor 2024 Tax and Technology Innovation Award Finalist

VALENCIA, Calif., Sept. 17, 2024 (SEND2PRESS NEWSWIRE) — IRS Solutions® announces that its cutting-edge feature, IRS Advance Notice™ (IAN), has been named a finalist for the CPA Practice Advisor 2024 Tax and Technology Innovation Award. The revolutionary new technology tracks and alerts their members to IRS transcript changes, streamlining tax resolution, improving client service, and offering steady, year-round income for tax professionals.

PitBullTax Software Recognized on the 2024 Inc. 5000 List of Fastest-Growing Private Companies in America for Third Year in a Row

CORAL SPRINGS, Fla., Aug. 28, 2024 (SEND2PRESS NEWSWIRE) — PitBullTax Software, the Nation’s Leading Tax Resolution Software for CPAs, EAs and Tax Attorneys has revealed it has won a spot on the 2024 Inc. 5000 list of the fastest growing private companies in America for the 3nd year in a row. PitBullTax Software has licensees in all 50 states that rely on the company’s software to prepare their clients’ IRS resolution cases.

Tax Attorney to Millionaires Among Nation’s Best by Chambers USA, Defends High Stakes Tax Cases Before the IRS

GREENSBORO, N.C., Aug. 26, 2024 (SEND2PRESS NEWSWIRE) — Petrova Law, a boutique tax law firm, which represents high net worth clients and companies nationwide, has been ranked by Chambers USA among the nation’s best for its work on complex and high-stakes tax law matters.

EnergyCAP Appoints Shawn Lankton as Chief Executive Officer

BOALSBURG, Pa., Aug. 6, 2024 (SEND2PRESS NEWSWIRE) — EnergyCAP, the leading provider of energy and sustainability enterprise resource planning (ERP) software, today announced the appointment of Shawn Lankton as Chief Executive Officer. This decision reflects the Board’s continued and growing optimism across the spectrum of growth opportunities ahead for EnergyCAP.

Asset Defense Team and Vast Solutions Group Announce a New Joint Venture for Asset Protection and Tax Strategy

SEATTLE, Wash., July 15, 2024 (SEND2PRESS NEWSWIRE) — Asset Defense Team and Vast Solutions Group (VastSolutionsGroup.com) are pleased to announce their joint venture, VastAssetDefense.com. This partnership brings together two leading companies in the asset protection and tax strategy industry, combining their expertise and resources to provide top-quality services to clients around the globe. The alliance is introducing an advanced AI platform called “Einstein” and is currently in Beta 4.0 and is also introducing a community called Vast Vault.

EnergyCAP Named Market Leader in the Summer 2024 Energy Management Software Customer Success Report

STATE COLLEGE, Pa., June 27, 2024 (SEND2PRESS NEWSWIRE) — EnergyCAP has been named a Market Leader in the Energy Management Software category for the Summer 2024 Customer Success Report published by FeaturedCustomers. FeaturedCustomers is the leading customer success content marketing platform for B2B business software & services helping potential B2B buyers make informed purchasing decisions through vendor validated customer success content.

Garden Studios Bills Tenants and Identifies Energy Waste with EnergyCAP

STATE COLLEGE, Pa., June 10, 2024 (SEND2PRESS NEWSWIRE) — Garden Studios, an innovative film studio based in London, has transformed its utility management and billing processes by implementing EnergyCAP’s leading energy management platform. This move aligns with Garden Studio’s commitment to sustainability as a certified B Corporation, dedicated to responsible business practices.

KROST Acts as the Exclusive Financial Advisor to United Filters International in its Sale to ENPRESS LLC

LOS ANGELES, Calif., May 23, 2024 (SEND2PRESS NEWSWIRE) — United Filters International (UFI), a recognized leader in the design and manufacture of an expansive range of liquid filtration solutions, was recently sold to ENPRESS LLC, a leading manufacturer of composite pressure vessels and water filtration technologies. KROST was the exclusive financial advisor, and the terms of the transaction were not disclosed.

EnergyCAP Eco Champion Award Winners Announced

STATE COLLEGE, Pa., May 2, 2024 (SEND2PRESS NEWSWIRE) — In the inaugural EnergyCAP Eco Champion Awards, leaders in sustainability and energy efficiency were celebrated across a diverse range of industries and use cases. All awards are based on submissions from the 2023 calendar year. EnergyCAP is a leading provider of energy and sustainability enterprise resource planning (ERP) solutions.

KROST Named Top 100 Firm and Regional Leader 2024 by Accounting Today

LOS ANGELES, Calif., April 30, 2024 (SEND2PRESS NEWSWIRE) — For the fourth year in a row, Accounting Today has named KROST a Top 100 Firm. The firm ranked 82nd on the list by continuing to expand its services. In addition, KROST has once again earned the title of Regional Leader for the second year in a row, marking its third recognition in this category. From receiving these accolades to celebrating its 85th anniversary this year, KROST has reached another milestone in 2024.

EnergyCAP earns 2024 Environment+Energy Leader Top Product Award

STATE COLLEGE, Pa., April 22, 2024 (SEND2PRESS NEWSWIRE) — EnergyCAP proudly announces that it has been awarded a coveted Top Product of the Year Award in the Environment+Energy Leader Awards program. This year marks a milestone as the program divides accolades into six innovative categories, tailoring recognition to specific sustainability and energy management excellence sectors. EnergyCAP’s suite of solutions, UtilityManagement™, CarbonHub™, and SmartAnalytics™, together earned a top spot in the Software & Cloud category.

Informative Research Announces Manual VOI Integration with Veri-Tax to Improve Mortgage Verification Services

GARDEN GROVE, Calif., April 2, 2024 (SEND2PRESS NEWSWIRE) — Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced the integration of Veri-Tax, the market leader in delivering the industry’s fastest verifications, into its proprietary Verification Platform. The integration merges Informative Research’s platform with Veri-Tax’s verification services so lenders can access advanced validation tools that elevate the accuracy and reliability of borrower information.

Tax Relief CPA Alerts Delinquent Taxpayers as IRS Intensifies Collection Efforts and Audit Activities for 2024

LOS ANGELES, Calif., March 13, 2024 (SEND2PRESS NEWSWIRE) — James Cha, a CPA and a Certified Tax Resolution Specialist from Ace Plus Tax Resolution, alerts that the IRS is ramping up collections and tax audits in 2024, and urges taxpayers to act with tax relief strategies. If you haven’t received IRS notices recently about unfiled returns or unpaid taxes, expect that to change. The IRS is hiring more auditors and resuming collection notices aggressively. Be prepared for stepped-up IRS collections efforts in 2024.

Tax attorney to millionaires, Allie Petrova, warns about new IRS tactics against taxpayers

GREENSBORO, N.C., March 12, 2024 (SEND2PRESS NEWSWIRE) — It is official now: The Internal Revenue Service is going after high-income taxpayers who need to be filing returns, reporting income, and coming to terms with overdue taxes, penalties, and interest, cautions renowned tax attorney and national speaker Allie Petrova, founder of Petrova Law PLLC, a premier tax resolution law firm.

IRS Solutions Releases IRS Advance Notice, Innovative Tax Resolution Platform Feature that Tracks and Alerts Users to IRS Transcript Changes

VALENCIA, Calif., Feb. 14, 2024 (SEND2PRESS NEWSWIRE) — IRS Solutions® announces the addition of IRS Advance Notice™ (IAN) to the industry’s favorite tax resolution platform. The new feature detects and alerts tax professionals to changes on client IRS transcripts, often months in advance of official notification by mail. CPAs, Enrolled Agents, Attorneys and other tax specialists can work less, earn more, and enjoy steady year-round income with IAN.

KROST Is Ranked Among CalCPA’s Top 150 Firms

PASADENA, Calif., Feb. 1, 2024 (SEND2PRESS NEWSWIRE) — KROST CPAs and Consultants has been named one of the Top 150 Firms for 2023-2024 by CalCPA. This award recognizes the firm, with 100% membership. The company is ranked 33rd on the list. The recognition reflects KROST’s dedication to professional development and the CalCPA organization.

EnergyCAP Recognized as a Leader in Energy Management Software by Independent Research Firm

BOALSBURG, Pa., Dec. 11, 2023 (SEND2PRESS NEWSWIRE) — EnergyCAP, a leading provider of energy and sustainability enterprise resource planning (ERP) software, proudly announces its prestigious placement in the top right leader quadrant of the Verdantix Green Quadrant: Energy Management Software 2023. This accolade underscores EnergyCAP’s commitment to delivering innovative and effective solutions in the energy & sustainability management sector.

TMC Emerging Technology Fund LP Invests in Halcyon

SAN DIEGO, Calif., Oct. 11, 2023 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the “Fund”) has made its latest investment in Halcyon. Halcyon’s suite of services provides financial institutions with a 360-degree financial relationship with its customers by affordably expanding their offerings to include investment advisory, IRS transcripts and tax preparation services.

INSIDE Public Accounting Ranks KROST Among Top 100 Firms in the US in 2023

PASADENA, Calif., Sept. 28, 2023 (SEND2PRESS NEWSWIRE) — INSIDE Public Accounting (IPA) has named KROST CPAs & Consultants Top 100 Firm in 2023. The firm ranked 73rd on the prestigious Top 100 list. KROST along with other recipients of these distinguished awards are highlighted in IPA’s monthly newsletter. KROST has been named Top 100 firm for the third year in a row.

Celebrating Growth and Expertise: Matthew Weber Promoted to Principal at KROST

LOS ANGELES, Calif., Aug. 25, 2023 (SEND2PRESS NEWSWIRE) — KROST, a leading CPA and consulting firm, is thrilled to announce the promotion of Matthew Weber to the esteemed position of Principal. Matthew’s dedication, experience, and exceptional contributions have led to this well-deserved advancement within the organization.

For the Second Year, PitBullTax Named to the 2023 Inc. 5000 List of Fastest Growing Private Companies in America

CORAL SPRINGS, Fla., Aug. 16, 2023 (SEND2PRESS NEWSWIRE) — PitBullTax Software, the Nation’s Leading Tax Resolution Software for CPAs, EAs and Tax Attorneys has revealed it has won a spot on the 2023 Inc. 5000 list of the fastest growing private companies in America for the second year in a row.

Oxnard California Awards Avenu Insights & Analytics With a Sales & Use Tax Auditing Contract

OXNARD, Calif. and CENTREVILLE, Va., July 25, 2023 (SEND2PRESS NEWSWIRE) — Avenu Insights & Analytics (Avenu), the leading provider of software administration and revenue recovery solutions for state and local governments, has achieved a significant milestone with the award of a Sales & Use Tax Auditing (SUTA) contract by the City of Oxnard, California.

Walker Reid Strategies, Inc. announces the launch of a new division providing outsourcing engineering services

BOCA RATON, Fla., July 18, 2023 (SEND2PRESS NEWSWIRE) — Walker Reid Strategies, Inc. is proud to announce the launch of a new division that provides outsourcing engineering services. The division will support MEP firms, architects, engineers, ESCOS, and LEED professionals by supplementing labor shortages and reducing costs through energy modeling, BIM, and code compliance services.

Sustainable Organizations Embrace EnergyCAP’s Complete Suite of Energy and Sustainability ERP Solutions

STATE COLLEGE, Pa., June 27, 2023 (SEND2PRESS NEWSWIRE) — EnergyCAP, a renowned provider of energy and sustainability enterprise resource planning (ERP) solutions, proudly announces The University of Texas Medical Branch (UTMB) and The University of New Mexico (UNM) have adopted EnergyCAP’s newest solutions: CarbonHub and Wattics, making them the first customers to embrace EnergyCAP’s complete solution suite.

Tax Help MD Provides Five Steps to Help Small Corporations Calculate QBI

WEST PALM BEACH, Fla., June 12, 2023 (SEND2PRESS NEWSWIRE) — Tax Help MD helps self-employed individuals and small businesses to resolve tax issues. From basic tax filings to more complex situations, Tax Help MD wants its clients to come out on top. That’s why it empowers them with information, so they can get the best tax benefits available.

JTC CPAs Takes Home Top Honors at Idaho’s Best Awards 2023, Solidifying Their Place as State’s Premier Accounting Firm

BOISE, Idaho, May 2 2023 (SEND2PRESS NEWSWIRE) — JTC CPAs, a leading accounting firm based in Idaho, is thrilled to announce their recent award-winning recognition as the 2023 best accountant in both Treasure Valley and statewide in Idaho. Winning the 2023 Best CPA for Treasure Valley and Best Statewide Accountant in Idaho awards is a great achievement for JTC CPAs, and it reflects the firm’s dedication to excellence in the field of accounting.

Accounting Today Names KROST Top 100 Firm and Regional Leader 2023

LOS ANGELES, Calif., March 29, 2023 (SEND2PRESS NEWSWIRE) — KROST has been recognized as a Top 100 Firm by Accounting Today for the third year in a row. The firm ranked 72nd with a 16.60% change in revenue from the previous year. In addition, KROST has also been named a Regional Leader of 2023. The firm recently launched a new service, KROST Fund Admin Solutions, to further assist and add value for their clients.

Tax Court Case: Engineering Firm Overstated §179D Energy Efficient Commercial Building Property Deduction

COLUMBUS, Ohio, March 16, 2023 (SEND2PRESS NEWSWIRE) — In a recent case, Michael Johnson, et ux. v. Commissioner, the tax court denied the majority of a taxpayer’s Energy Efficient Commercial Building Deduction under IRC §179D since it claimed a §179D Deduction exceeding the cost of the Energy Efficient Commercial Building Property (EECBP), says ICS Tax, LLC.

Avenu Insights & Analytics Selected as Administrator for the City and County of Honolulu’s Transient Accommodations Tax

HONOLULU, Hawaii and CENTREVILLE, Va., March 2, 2023 (SEND2PRESS NEWSWIRE) — Avenu Insights & Analytics (Avenu) is pleased to announce that it has been awarded a contract by the City and County of Honolulu to provide tax administration for transient accommodations tax (TAT), an important revenue source for the agency and its citizens.

KROST Welcomes Grant Miller as Principal of Tax

LOS ANGELES, Calif., Jan. 31, 2023 (SEND2PRESS NEWSWIRE) — Los Angeles-based CPA firm, KROST CPAs & Consultants, welcomes Grant K. Miller, CPA, EA, as Principal of Tax. To begin his new role as Tax Principal, Grant will be based in our Woodland Hills office and he will provide direction and leadership to further the success of our tax department. He will also work closely with clients to manage their expectations for deliverables, services, and budgets.

EnergyCAP expands offering to include financial-grade carbon accounting

BOALSBURG, Pa., Jan. 24, 2023 (SEND2PRESS NEWSWIRE) — EnergyCAP, a leading provider of energy and sustainability enterprise resource planning (ERP) software, today announced the launch of CarbonHub, a new solution that offers financial-grade carbon accounting and sustainability reporting.

Asset Defense Team and Vast Solutions Group Do Joint Venture

SEATTLE, Wash., Jan. 11, 2023 (SEND2PRESS NEWSWIRE) — Asset Defense Team and Vast Solutions Group, Inc. (VastSolutionsGroup.com) are pleased to announce their joint venture, AssetDefenseAdv.com. This partnership brings together two leading companies in the asset protection and tax strategy industry, combining their expertise and resources to provide top-quality services to clients around the globe. The advanced platform is called “Einstein” and is currently in Beta 1.0.

Strategic Benefits Advisors offers guidance for plan sponsors as they seek to comply with landmark SECURE 2.0 retirement legislation

ATLANTA, Ga., Jan. 5, 2023 (SEND2PRESS NEWSWIRE) — Independent, full-service employee benefits consulting firm Strategic Benefits Advisors, Inc. (SBA) issued a statement today outlining provisions of the newly enacted SECURE 2.0 Act of 2022 (SECURE 2.0) that are likely to affect most medium to large retirement plan sponsors.

Maxwell CPA Review provides online CPA courses to prepare students for the U.S. CPA exams

ORLANDO, Fla., Nov. 22, 2022 (SEND2PRESS NEWSWIRE) — A new exam-prep company is helping students to pass the U.S. CPA exams in droves. Maxwell CPA Review was founded by Kyle Ashcraft, CPA and provides online CPA courses to prepare students for the U.S. CPA exams. Kyle passed all four CPA exams with a 90 and above, in only six months. Now he works to equip students with the same tools that prepared him for his exams.

Absolute Trust Counsel to Hold Free Virtual Trust Administration Event for California CFPs and CPAs

WALNUT CREEK, Calif., Oct. 19, 2022 (SEND2PRESS NEWSWIRE) — Leading Bay Area estate planning firm Absolute Trust Counsel will host a free virtual event, The Absolute Trust Academy Trust Administration 101, on October 28, 2022, to equip CPAs and CFPs with a stronger knowledge of trust administration processes. The webinar is aimed at enhancing advisors’ client services and relationships.

KROST Acts as Exclusive Financial Advisor for American Range in Sale to Hatco

LOS ANGELES, Calif., Oct. 11, 2022 (SEND2PRESS NEWSWIRE) — American Range, a privately held manufacturer of commercial and residential cooking appliances, was sold to Hatco, an employee-owned manufacturer of warming, cooking, sanitizing, and cooling equipment. KROST CPAs & Consultants acted as the exclusive financial advisor to American Range in its transaction to Hatco Corporation.

INSIDE Public Accounting Names KROST Best of the Best Firm and Top 100 Firm

PASADENA, Calif., Sept. 21, 2022 (SEND2PRESS NEWSWIRE) — KROST CPAs & Consultants was recognized as the Best of the Best Firm and Top 100 Firm by INSIDE Public Accounting in 2022. Based on revenue, KROST was ranked 75th among the largest firms in the country, out of nearly 600 firms. With a net revenue of greater than $65 million, KROST was able to rise from the firm’s previous ranking of 81st in 2021’s IPA Survey and Analysis of Firms.

Matthew Weber and Jonathan Louie Appointed to KROST’s Principal in Development Program

LOS ANGELES, Calif., Aug. 30, 2022 (SEND2PRESS NEWSWIRE) — Los Angeles-based CPA firm, KROST CPAs & Consultants, appoints Matthew Weber, CPA, MAcc, and Jonathan Louie, CPA, MST, to join KROST’s Principal in Development (PID) program.

PitBullTax Software Named to the 2022 Inc. 5000 List of the Fastest Growing Private Companies in America

CORAL SPRINGS, Fla., Aug. 16, 2022 (SEND2PRESS NEWSWIRE) — PitBullTax Software, the Nation’s Leading Tax Resolution Software for CPAs, EAs and Tax Attorneys has revealed it has won a spot on the 2022 Inc. 5000 list of the fastest growing private companies in America.