In the News - February 27, 2023

The tax track returns to Scaling New Heights 2023 with up to 20 credits of CE, the IRS further extends the tax deadline for those affected by disaster, Avalara launches a new property tax compliance product, and a new CFO coming to Intuit. Read about the top news this week.

Scaling New Heights 2023 Offers Up to 20 CE credits to Enrolled Agents 

Woodard is bringing back a Tax Analysis and Representation track back to its annual Scaling New Heights conference this June in St. Louis, Missouri! We are pleased to welcome renowned experts Eric Green (Green & Sklarz LLC) and Dominique Molina (American Institute of Certified Tax Planners) to our prestigious line-up of presenters this year.

Topics will focus on tax advisory, compliance, and representation and will provide up to 20 credits of continuing education (CE/CPE) credits to CPA and Enrolled Agents. View the complete line-up of tax offerings and register for the conference on the Scaling New Heights website.

IRS Extends May 15 Tax Deadline for Disaster Area Taxpayers

Disaster-area taxpayers in most of California and parts of Alabama and Georgia now have until Oct. 16, 2023, to file various federal individual and business tax returns and make tax payments. The IRS is offering relief to any area designated by the Federal Emergency Management Agency (FEMA) in these three states, and the current list of eligible localities and other details for each disaster is available on the Tax Relief in Disaster Situations page on IRS.gov.

The additional relief postpones various tax filing and payment deadlines, including those for most calendar-year 2022 individual and business returns. It also applies to 2023 estimated tax payments, quarterly payroll and excise tax returns, and other returns, payments and tax-related actions qualifying for the additional time. The IRS automatically provides filing and penalty relief to any taxpayer with an IRS address of record located in the disaster area.

Avalara Launches New Property Tax Compliance Service

Accounting Today Avalara has launched Avalara Property Tax, an automated property tax compliance program that allows users to scan paper tax bills and assessments from different jurisdictions. The software also tracks due dates, terms and conditions, and discount opportunities to help avoid penalties for late payments. Read more...

Intuit Prepares for a New CFO

Intuit Inc. has named Sandeep Singh Aujla as Chief Financial Officer, replacing Michelle Clatterbuck, who plans to retire in 2023. Aujla has held senior finance positions at Intuit for 7 years and is currently the Senior Vice President of Finance for Intuit's largest business unit, the Small Business and Self-Employed Group (SBSEG). He has a proven track record of taking on expanded finance roles during his 7 years at Intuit. Aujla was instrumental in the development and execution of the ecosystem-based strategy that helped accelerate SBSEG's revenue growth from 13% in FY17 to 22% in FY22. He leads Finance for Intuit's Technology organization and has helped accelerate Intuit's progress in becoming an AI-driven expert platform. Sandeep will be an exceptional CFO as Intuit continues to deliver its commitment to serving customers while keeping its financial foundation strong. Read more...