News (1875)
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AICPA: Expand Appeals Sites
The Internal Revenue Service should use a variety of techniques to make Appeals conferences accessible to as many taxpayers as possible, the American Institute of CPAs said this week.
Marcum Fined $13 Million; Censured
The SEC censured Marcum and it with a $10 million fine while PCAOB nailed the firm for $3 million. The agency painted a picture of a firm with a lack of controls that was overwhelmed by the growth but took no action despite the firms of findings.
Intuit Rolls Out AI OS
Intuit has debuted a Generative Artificial Intelligence Operating Syste for its business applications.
QuickBooks Council Slots Open
Intuit is accepting nominations for membership on the QuickBooks Partnership Council. Applications are being accepted through July 14.
Surgent Debut Exam Coaching Programs
Surgent Accounting & Financial Education has introduced CPArescue and CMArescue exam preparation coaching programs.
Patriot Payroll Adds Permissions Feature
Patriot Software has added a permissions feature to its payroll software. The company said the recently introduced capability gives customers the ability to control access to sensitive payroll data.
Rev Growth Outpace Xero’s American Subs
The number of subscribers in North America increased by 13 percent for the year ended March 31. But revenue on this continent rose by 32 percent, 21 percent in constant currency.
Former IRS Employee Get Sentenced
Deena Vang Lee, 41, has been sentenced to four-and-half years in prison. Lee, a resident of Fresno, Calif.,
N.Y. CPA Indicted in $10M Fraud
New York CPA Steve Lyon has been charged with helping defraud in workers’ compensation insurance premium payments. He had already been arraigned on similar charges in January.
Thomson Tax, Acc’ting Revs Up 11%
Revenue for the Tax & Accounting Professionals business rose by 11 percent year-over-year for the first quarter ended March 31. The acquisition of SurePrep for $500 million in January added 2.6 percent points to the segment’s organic growth during the first quarter.
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Jan 23 2024
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Written by Bob Scott
Intuit used deceptive advertising in calling some of its TurboTax…
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Nov 10 2023
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Written by Bob Scott
Revenue for Thomson Reuters Tax & Accounting Professionals increased by…
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Oct 30 2023
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Written by Bob Scott
CPA.com has released a toolkit to help accounting and finance professionals…
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Jan 23 2024
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Written by Bob Scott
The Internal Revenue Service is redesigning the roughly 170 million…
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