Bob Scott

Bob Scott

CCH Tagetik, TeamMate Growth Strong

 Wolters Kluwer this week said its CCH Tagetik and TeamMate experienced double-digit growth in the first quarter ended March 31. In its trading update this week, the company also said, “In Professional Tax & Accounting, organic growth was muted” because of the delayed start to the tax season.

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Thomson Tax/Accting: Good Quarter

Thomson Reuters Tax & Accounting Professional segment reporting a 17-percent increase in EBIDTA for the first quarter ended March 31 on a 3-percent increase in revenue. That growth was despite the extension of the tax deadline to May 15, which will shift revenue to the second quarter.

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Pennsylvania Preparer Faces 29 Counts

A King of Prussia, Pa.-based tax preparer has been indicted on 29 counts of aiding and assisting in the preparation of false income tax returns. If convicted of all charges, Eric Amaefuna, 65, would face a maximum of 87 years in prison and a $7,250,000 fine.

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