AbacusNext, which acquired practice management vendor OfficeTools in May, has purchased HotDocs. The acquired company's products can generate customized documents such as contracts, sales agreements, government forms and loan documentation. Terms were not disclosed.

The Liberty Tax Area Developer and Advisory Council has voiced its support for the tax store chain. The vote of confidence follows the termination of CEO and founder John Hewitt in September by the company's board of directors.

Friedman+Huey, an accounting firm based in Homewood, Ill., has received the Taxologist award from Thomson Reuters. The award was given to the firm for what Thomson said was its mastery of, “the use of cloud technology to optimize tax workflow effectivenes"