News

Steven GerardSteven Gerard, CEO of CBIZ, had a 1 percent decline in total compensation for 2009 as the company cut his bonus for the year by 54.7 percent. Gerard, like other executives whose bonuses also were reduced, made up some ground with a base salary increase. He ended last year with $2.29 million in compensation, down from $2.54 million in 2008.
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Kevin RobertWith the decision by Wolters Kluwer Tax & Accounting to purchase tax compliance products from Ernst & Young Australia, it's clear that the battle between CCH and Thomson Reuters is starting to heat up in the international tax arena as both make moves in the corporate tax market.

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Russ SmythThe continuing boom in online tax preparation led Intuit to a 10-percent increase in sales of its consumer tax software, TurboTax, during the tax season. TurboTax continued to gain at the expense of tax store chains with H&R Block reporting its return total dropped by 4.9 percent. Meanwhile, quarterly results filed by Republic Bancorp showed a increase in net income from refund anticipation loans despite an 11 percent decrease in loan fees.

 

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Paul WalkerThe Sage Group has confirmed that Paul Walker, who was been chief executive of the British company for 16 years and has worked at the company for 26 years, will resign. The company did not give a date, but said he would leave "in due course" as the company worked through the transition.
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