Cloud software vendor Xero sharply cut its loss for the year ended March 31. The New Zealand-based company this week said the loss for the recently ended year was about $19.3 million, 60-percent lower than in 2017. It also reported its first positive annual EBITDA, roughly $18 mill

The Internal Revenue Service has introduced a new online tool for researching information about tax-exempt organizations. The tool, Tax Exempt Organization Search, replaces EO Select Check, which was introduced in 2012.

Bloomberg Tax has released the cloud-based Advantage Automator. Built on the company’s Advantage platform, the new product can connect multiple tax and accounting systems enabling professionals to connect a wide variety of data.