The Progressive Accountant
Thomson’s Revenue Rises 8 Percent
- Monday, 13 May 2019
Thomson Reuters reported a good start to 2019 as it rebounded to a profit while revenue rose by 8 percent on an IFRS basis from a year ago. The company is starting its first full year without its Financial & Risk business, which was spun off to Blackline and now operates as Refinitiv.
CCH Mostly Back Up as Week Ends
- Saturday, 11 May 2019
Most CCH products were back on line as the work week ended on Friday, May 10. Wolters Kluwer Tax & Accounting noted the need to scan and test each product and network as they were brought back up following this week’s malware-induced worldwide outage.
Preparer Arrested in False OID Claims
- Thursday, 09 May 2019
A California tax preparer utilized Form 1099-OID withholdings to seek $5.49 in phony tax refunds, a federal indictment allegedthis week. Cubby Wayne Williams, 63, of Alhambra, was indicted on 22 counts of assisting in preparation of phony returns for clients and four counts for preparing bogus returns for himself.
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