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Somerset CPAs Expands Cloud Practice
Somerset CPAs and Advisors has merged in Dataquest Solution’s Acumatica practice an affiliated company. The new organization, Somerset Technology Solutions will be led by David Gelula and Debbie Mazzullo from Dataquest and Jason Leveson from Somerset.
Read more...QBO Advanced Goes Desktop
Intuit has rolled out a desktop version of its QuickBooks Online Advanced applications. QBO Advanced for Windows is a free add-on for cloud-based users.
Read more...FreshBooks Buys German Company
FreshBooks, which recently received $130 million in funding, has acquire FastBill, an accounting and invoicing package in Germany. Terms were not disclosed.
Read more...QBO Revs Jump 32 Percent
Revenue from QuickBooks Online jumped by 32.4 percent for Intuit’s first quarter ended October 31. That came as the impact of the software company’s purchase of Credit Karma pushed total revenue up 52 percent year-over-year.
Read more...Practice Ignition Snares $50 Million
Practice Ignition has raised $50 million in Series C Funding. The company says it will use proceeds to grow its business in in APAC, North America and EMEA.
Read more...Preparer Gets Prison in $2.3M PPP Fraud
A South Florida tax preparer has been sentenced this week to two years for his role in seeking more than $2.3 million in Payroll Protection Program Funds. Leonel Rivero, 35 submitted more than 118 fraudulent PPP loan applications.
Read more...Xero Subs Rise 22.1% in North America
Xero saw subscriptions for its cloud accounting products r0se by 22.1 percent for the first half ended September 30. The New Zealand-based company also talked broadly of plans to expand on this continent in its recent earnings report.
Read more...Black, Latino Biz Performed Well
Black and Latino owned businesses had a good 12 months despite the pandemic, according to a recently released Ernst & Young survey. However, the Entrepreneur’s Paradox: How Black and Latino Entrepreneurs Are Balancing Growth and Uncertainty says those entrepreneurs fear the unprecedented performance may stem from a short-term boost in attention.
Read more...CCH Axcess Workflow Debuts
Wolters Kluwer Tax & Accounting has introduced CCH Axcess Workflow. The browser-based application integrates with the CCH Axcess Common Database and the Tax and Document applications in the suite,
Read more...Botkeeper Raises $42M from Paychex Founder
Botkeeper, which provides bookkeeping software utilizing artificial intelligence, has raised $42 million in Series C funding. The round was led by Grand Oaks Capital, which was founded by Tom Golisano, founder and chairman of Paychex.
Read more...Most Read
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Jan 23 2024
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Written by Bob Scott
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Jan 23 2024
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Written by Bob Scott
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Feb 05 2024
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Written by Bob Scott
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Feb 23 2024
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Written by Bob Scott
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