A Texas tax preparer has been sentenced to more than six-and-a-half years in prison for siphoning off more than $2.6 million in client refunds.

Wolters Kluwer Tax & Accounting reported revenue of $1.1 billion for the first half ended. June 30, a 5 percent increase over last year’s corresponding period. 

CBIZ is buying accounting firm Marcum for about 2.3 billion in stock. In the deal, expected to be closed in the fourth quarter, CBIZ is buying the non-attest operations of Marcum.