Avalara, Inc., a leading provider of cloud-based software delivering compliance solutions related to sales and excise tax, VAT, and other transactional taxes, has announced that it has acquired EZtax®, Inc., a leading provider of tax compliance solutions for the telecommunications industry.
The $5.6 trillion worldwide telecom market1 is subject to multiple tax laws and regulations that are highly complex and constantly changing. EZtax offers cloud-based solutions that address this complexity. The company’s flagship product, also called EZtax, provides telecom service providers with a fully automated tax solution for accurately calculating and filing taxes due on their services across the US and Canada.
“As the telecom industry rapidly adopts more data-centric services such as VoIP, broadband and wireless, tax agencies are actively considering legislation that could impose additional tax liabilities on an already highly taxed and complex industry,” said Scott McFarlane, founder and CEO of Avalara. “EZtax eliminates these complexities and advances our strategy of helping customers in every industry to simplify and automate tax compliance in cloud-based solutions.”
“As a market leader for cloud-based tax compliance automation, Avalara is the perfect complement for EZtax and our customers,” said Tim Lopatofsky, founder and CEO of EZtax. “Their platform, vision, and highly-effective sales and marketing engine will help accelerate our business and meet the demand in the fast-growing worldwide telecom market.”
Over the past decade, Avalara has developed, purchased or licensed databases containing extensive tax data and knowledge related to sales tax, exemption certificates, excise tax, VAT and other transactional taxes. This acquisition servicing the telecom industry is Avalara’s latest move to broaden and deepen its tax content.
“EZtax offers an extensive tax library that supports thousands of telecom services worldwide,” said McFarlane. “Tax data is updated on a continuous basis by a team of experienced telecom tax experts who understand the complex rules and regulations to keep pace with changes that are required for compliance. We look forward to leveraging EZtax’s expertise and content to extend our reach, and help make compliance easier and more accurate for telecom service providers worldwide.”
Ryan today announced that the Firm has acquired Taxaccord, a tax automation services firm supporting multinational corporations worldwide with complex tax software implementation and process improvement solutions.
The acquisition complements Ryan’s Tax Technology practice—one of the largest in the tax services industry—and brings an additional team of global tax technology professionals with vast systems integration expertise and knowledge in supply chain, finance, tax, and information technology. Taxaccord founders Angela Myers, Mike Reigle, and Geoff Peck will join the Firm’s Tax Technology leadership team and play a significant role in the continued growth of the practice.
The acquisition also adds a number of significant Fortune 500 relationships to Ryan’s portfolio of clients and will support the growing demand of the Firm’s multinational clients for tax technology solutions that improve accuracy, efficiency, and profitability. Revenue generation and accelerated return on investment will be realized by providing additional access to the Firm’s integrated, single-source solution of more than 45 global tax practices for improving cash flow and minimizing tax liabilities.
“We are proud to add a firm with the industry reputation and expertise of Taxaccord,” said Grant Smith, Ryan’s Tax Technology Practice Leader. “We are excited that these renowned tax technology professionals have joined Ryan to execute our strategy of enhancing the most comprehensive and effective suite of tax technology services in the industry.”
“The acquisition of Taxaccord represents another key milestone in the successful execution of our global growth strategy,” said G. Brint Ryan, Chairman and CEO of Ryan. “Our clients will immediately benefit from the collective strategic insight and experience of this group of tax experts as they deploy global technology solutions that improve efficiency and profitability across the corporate tax function.”
Deloitte today announced the appointment of Paul Sallomi, partner, Deloitte Tax LLP, to national sector leader (NSL) for technology within Deloitte’s technology, media and telecommunications (TMT) practice. As NSL for technology, Sallomi succeeds Eric Openshaw, who held the position for the past nine years and will continue in his role as national industry leader for Deloitte TMT.
In his new role, Sallomi will work to grow and strengthen the technology practice; and to lead strategic industry research, service development and delivery to clients.
“Paul has held a number of significant leadership roles at Deloitte and as a result brings a unique perspective and deep industry knowledge that will help clients address the quickly evolving business landscape,” said Eric Openshaw, vice chairman and U.S. technology, media and telecommunications leader, Deloitte LLP. “Paul is committed to quality and addressing the needs of clients and I’d like to congratulate him in his new role as national sector leader for technology.”
Sallomi has had a number of significant leadership roles in tax, including serving as U.S. tax TMT industry leader and U.S. tax technology sector leader. In these roles, he was responsible for developing a community of professionals and clients through overseeing the creation and distribution of technical content, facilitating seminars, and participating in the planning, delivery, and satisfaction assessment processes for Deloitte’s most significant TMT clients.
“The intersection of disruptive forces including cloud, mobile, social and the Internet of Things are opening up new revenue streams and opportunities for businesses that can give them a strategic advantage over their competitors if properly leveraged,” said Sallomi. “These disruptive forces are quickly becoming table stakes for the industry, but many enterprises are still in the beginning stages of discussing these technologies and figuring ways to enter new markets and provide integrated solutions. As part of my new role I look forward to working with clients to determine the impact these technologies will have on their businesses and how best to implement them.”
The Internal Revenue Service has announced the selection of three new members and a chairperson to the Electronic Tax Administration Advisory Committee (ETAAC).
ETAAC provides an organized forum for discussion of issues in electronic tax administration and supports the goal of increasing electronic transactions between tax professionals and the IRS.
The new members are:
- James Buttonow of Greensboro, N.C., is a certified public accountant and vice president of product development for Beyond415 software products. He designs and develops post-filing technology solutions and teaches post-filing topics to practitioners.
- Everard Lee Davenport of Washington, D.C., is principal at Davenport Consulting, working with a variety of organizations to create and lead programs providing free income tax services, computer access and digital learning to underserved communities. He is the architect of MyFreeTaxes.com.
- Troy Thibideau of Maple Grove, Minn., is executive vice president of marketing and client operations for Convey Compliance Systems, Inc., working with third party service providers and information returns. He is a former CPA with over 20 years of experience within the technology and finance industries.
The new chairperson is :
- Cyrus Daftary of Newton, Mass., has been elected by the members to serve as the chairperson of ETAAC for 2013-2014. He is a partner with Burt, Staples & Maner and is responsible for developing and implementing tax software solutions for withholding and information return reporting. Daftary’s experience includes representing clients before the IRS under Form 1042 audits and Form 1042 voluntary disclosures, and designing an online course “Cyberlaw: Legal Research, Issues and Practice in Cyberspace.” He earned an economics degree from Indiana University, a Juris Doctorate from University of Dayton School of Law and a LL.M. from Temple University in Tax.
Wolters Kluwer Tax & Accounting has announced the appointment of Teresa Mackintosh as President & CEO of CCH Tax & Accounting U.S., effective immediately.
Mackintosh, an industry leader with a track record of delivering innovative technology solutions, was most recently President of CCH U.S. Software where she launched a series of successful mobile, cloud and software offerings that support how professionals want to work today.
Mackintosh succeeds CCH President & CEO Karen Abramson, who joined CCH in 2012. Abramson was named CEO of the Wolters Kluwer Tax & Accounting division earlier this year. Mackintosh will now report to Abramson, and lead operations for the U.S. CCH business serving the professional and corporate markets.
“Teresa is a visionary leader with deep insight into the profession, a passion for innovation and a complete commitment to execution excellence,” said Abramson. “She has exactly the right experience, insight and expertise to lead CCH at this exciting time as we continue to pioneer new ways to help our customers grow, manage and protect their businesses.”
“I am thrilled to be leading CCH at such a transformative time in the tax and accounting profession,” said Mackintosh. “One of the most powerful forces today is technology, as professionals look to increase productivity, add higher value services and connect with clients anytime, anywhere through cloud and mobile solutions. CCH is leading the way in the market in customer-focused investment and innovation, and I’m eager to partner with customers to find new ways to support their success.”
Mackintosh, a CPA, has been recognized consistently as a key influencer in the profession. She has been listed among the profession’s Top 40 under 40 and Most Powerful Women in Public Accounting by CPA Practice Advisor, and Top 100 Most Influential People in accounting by Accounting Today. She joined CCH in 2012 as Executive Vice President & General Manager of Tax, where she was responsible for CCH’s largest business line, leading Tax Product Development, Tax Technology, Product Management, Sales and Tax Operations. Mackintosh joined Wolters Kluwer from Thomson Reuters, where she held leadership roles including General Manager/Senior Vice President of Indirect, Property & Trust, and General Manager/Senior Vice President of Americas Professional. Mackintosh earned both a Bachelor’s degree and M.B.A. from the University of Michigan, Ann Arbor.
Ingersoll Rand have just started to recruit for an Indirect Tax Technology Lead. This position can be based in Ireland or Belgium.
After the successful go-live in April of this year of the first phase of the Oracle implementation, IR tax is changing its staffing model for the tax technology piece and is building a sound in-house indirect tax technology knowledge base. IR is starting the second phase of the project, during which five EMEA countries will be added to the R12 / Vertex platform.
Reporting to the Indirect Tax Technology Manager based in Davidson, North Carolina (US), you will be part of the corporate tax team and have responsibility for the tax technology aspects of the Oracle R12 / Vertex O Series implementation of the solution in the EMEA region. Next to that, you will get increasing responsibilities as to the maintenance/governance of the solution as it goes live.
To find our more or apply please click here: http://www.etaxjobs.com/candidate/recruiter-jobs-ingersoll-rand-indirect-tax-job-1007.html
KPMG International has announced that John Q. McGowan has been appointed to the new role of Chief Information Officer, Global Tax.
McGowan is a 19-year veteran of KPMG and previously served as leader of the Tax Technology practice for KPMG LLP, the U.S. audit, tax and advisory firm. He brings to his new role extensive knowledge of tax technology as well as in-depth experience with KPMG’s network of member firms — in particular, the firm’s U.S. Tax practice, where he served for many years as a client-facing Tax professional before focusing on the use of technology to help drive efficiency in tax processes.
McGowan’s chief responsibility will be to help ensure that KPMG addresses the varied tax needs of its member firms’ clients using the latest technology.
“John understands the needs of our clients, having worked with some of the largest organizations around the world,” said Rick Smith, head of Global Delivery for KPMG International. “He knows how complex tax is and that it is getting more so each day. It’s great to have John on the team, helping our clients cut through that complexity, using technology to meet their needs in the most efficient and effective way.”
In recognition of KPMG’s Tax technology advances, KPMG’s International Executive Services practice was recently awarded “Most Innovative Use of Technology in Global Mobility” (Program Management) and “Highly Commended Best Vendor Partnership” at the Expatriate Management and Mobility Awards (EMMAs).
“These awards underscore that our firm’s technology is highly regarded by industry professionals and clients,” said McGowan. “In my new global role, I look forward to continuing to work with my KPMG colleagues to advance innovation in our Tax technology tools around the world that can deliver strategic value for our multinational clients.”
McGowan has been with KPMG LLP since 1993 and has led the U.S. firm’s Tax Technology practice since 2004. He is a certified public accountant licensed in the District of Columbia and North Carolina, and a member of the American Institute of Certified Public Accountants (AICPA). He holds both a master of accounting degree and bachelor of science degree in business administration from the University of North Carolina at Chapel Hill.