The Tax & Accounting Professionals segment of Thomson Reuters registered 4-percent revenue growth for the fourth quarter ended December 31. However, the top line for the unit was off by 1 percent for 2020 as currency took a toll.
People & Moves
The Internal Revenue Service has reported there were 34,693,000 tax returns filed in the first eight days of the tax season. But the February 12 start to the season meant that the report for the period ended February 19 compared to the year earlier season-to-date which reflected 26 days of filing in 2019.
The elimination of data entry was a major emphasis at the recent Forward Together Virtual conference held by Wolters Kluwer Tax & Accounting. The move toward automation include the upcoming CCH Axcess Engagement, bringing the K-1 engine into the cloud this year and a release of Client Collaboration in December.
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