Bond Street, which offers small business term loans, is giving members of ICB USA the ability to participate in the Bond Street Accounting Professional Partner Program. Under the program, bookkeepers who are members of the association can receive discounts or take referral fees for referring customers to Bond Street.

Two preparers who worked at Mo Money Tax stores in the Richmond, Va.-area have pleaded guilty to tax return fraud. The pleas by Jeremy Blanchard, 35, and Erik Pittman, 35, both of Memphis, Tenn., this month are the latest in actions against those involved in Mo Money, which had as many as 300 stores in 18 states before the courts barred the chain's owners from preparing federal taxes for others or being involved in owning a tax business.

Xero has introduced TaxTouch, an income and tax-tracking mobile application for freelance workers. Designed for those who submit Schedule C with their tax returns the app can separate expenses by swiping right for business or left for personal ones. It is initially available on the iOS platform with an Android version to follow.