News

Mike Sabbatis, CCHCCH is signaling the possibility that the company's products will become a platform for commercial development, not just applications that are now open to add-in product development. The company moved in that direction as it formally announced this week its Open Integration Platform for sharing data and workflows within its cloud products.

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William Cobb, H&R BlockH&R Block will not repeat its offer of free refund transfers, RACS, during the next tax season. And one reason is that probably that while the giveaway helped the tax services company gain market share it cost the company on the top and bottom line as income from tax services dropped by 34.7 percent and revenue fell by 1.7 percent for the year ended April 30.

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Scott Bechler, BlackbaudBlackbaud has opened a new Accountant Referral program that is designed to reward members for referring client to use the company's Financial Edge fund accounting software. The program is currently aimed at CPAs although the Charleston, S.C.-based firm might consider opening it to all accountants.

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Nadav Kalai, United Revenue ServiceThree tax preparers have been indicted on charges they helped clients evade taxes by hiding millions of dollars in funds in secret accounts at two Israeli banks. The three operated under the name United Revenue Service in 12 locations across the country.
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