The Progressive Accountant

Canopy Raises $20 Million

Kurt Avarell, Canopy Canopy, which markets practice management applications, has raised $20 million in Series B financing. The latest round brings the total funding raised by the Lehi, Utah-based company to $30 million.

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IRS Seeks ETAAC Nominations

IrSThe Internal Revenue Services is asking for nominations of individuals to serve on the Electronic Tax Administration Advisory Committee. The three individuals selected will begin three-year terms in September. Applications are being accepted through April 27.

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Preparer Must Pay IRS Nearly $950K

dojA Longwood, Fla.-based tax preparer has been ordered to repay $949,952.47 he received in preparing fraudulent tax returns. A federal court in also barred Jason Stinson from the tax preparation business for charing as much as $999 for preparing returns without informing clients.

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