Exact has expanded its cloud-based applications with the introduction of Exact for Accountants with Practice Management. Available in limited release during the summer, the package is designed for small and mid-sized accounting and bookkeeping firms.

Annual Report: 2016 BSI Top 100 VARs

The web has reduced the need for large channels; the difference between reseller and ISV is blurring and perhaps most important, the younger generations of business people that are running things often have very little interest in purchasing on-premise software. They live in world that’s not only cloud-first, it’s cloud only. This is the background for this year’s theme: A New Direction: But So Many Choices?”

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Six tax return preparers have pleaded guilty to filing bogus tax returns in a scheme that produced $6,663,976 in fraudulent tax refunds. Four other individuals had previously pleaded guilty and been sentenced for their role in utilizing identification information stolen from the records of hospital patients to file returns through Family Tree Taxes, a tax preparation business based in Miami Gardens, Fla.