News (1877)
The Progressive Accountant is the leading online communit of public tax and accounting professionals focused on using technology to better manage and grow their practice.
Children categories
Liberty Parent Curtails Loan Biz
NextPoint Financial, which owns Liberty Tax Services, is ceasing to make loans through its LoanMe operations, which it acquired for about $120 million a year go. The company, which is based in Hurst, Texas, but trades on the Toronto stock exchange, said it has cut LoanMe’s workforce and will only continue to service outstanding loans.
Read more...SEC Censures CohnReznik for 2017 Audits
The Securities and Exchange Commission has censured accounting firm Cohn Renick and ordered it to pay a $1.9-million civil money penalty. The actions stem from what the SEC said were deficiencies in the firm’s quality controls that led to audit issues with two companies in 2017.
Read more...QB Online Prices Increase
Intuit has increased prices for its QuickBooks Online software. The steepest increase is coming with QB Advanced, a mid-market product, which raises 11.1 percent to a $200-monthly base from a $180-monthly base for existing customers who pay directly for their subscriptions.
Read more...Intuit Ends QB Desktop Discounts
Intuit has ended discounts for any QuickBooks desktop products and at the same time, pulled the products from retail outlets. All desktop products will be sold at full manufacturer’s suggested price, the company said recently.
Read more...Firms Win Solver Awards
Accounting firms performed well in the recent awards given by analytical software company Solver recently. Chief among them was RSM US, which has been named Top Cloud Volume Partner 2021.
Read more...Xero N. American Subs Rise 19.9 Percent
Xero’s subscriptions in North America increased by 19.9 percent for the year ended March 31. The company this month also noted revenue on the continent rose 28 percent year-over-year, 31 percent in constant currency.
Read more...Avantax Wealth Pros Drop 8.3 Percent
The number of financial professionals employed in the Avantax wealth management arm of Blucora fell by 8.3. for the first quarter ended March 31, compared to the level a year earlier. Blucora CEO Chris Walters reported the decline in the company’s recent earnings webcast.
Read more...WK Revs Rise 13 Percent
Revenue for Wolters Kluwer rose by 13 percent for the first quarter ended March 31, up 8 percent in constant currencies and organically, the company said this month.
Read more...Iris Buys Irish Payroll Service
Iris Software Group, which owns AccountantsWorld and other practice software packages, has acquired Paycheck Plus. Terms were not disclosed for the purchase of the company which handles payrolls for Ireland and the United Kingdom.
Read more...ADP Raises Revenue Guidance
Automatic Data Processing is raising its revenue estimates for the year ending April 30. The company increased its guidance for revenue for fiscal 2022 to 7 percent from the previously expected 6 percent.
Read more...Most Read
-
-
Jan 23 2024
-
Written by Bob Scott
-
-
-
Nov 10 2023
-
Written by Bob Scott
-
-
-
Oct 30 2023
-
Written by Bob Scott
-
-
-
Jan 23 2024
-
Written by Bob Scott
-