Bob Scott

Bob Scott

Avalara Sold for $8.4 Billion

Sales tax vendor Avalara has been sold to Vista Equity Partners for $8.4 billion. Although two shareholders groups opposed the sale, with the support of Avalara management, the deal was approved overwhelmingly.

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QBO Adds eCommerce Links

Intuit has added integration between QuickBooks Online and such online sales platforms as Amazon, Shopify and eBay. The company said users can connect to e-commerce platforms and marketplaces “with a fast and easy setup.”

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Four Sentenced in $7 Million EIDL Scheme

Four tax preparers have been sentenced for their roles in attempting to obtain more than $7 million through the Economic Injury Disaster Loan program.

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