The Progressive Accountant

Israelis, Firm Settle Charged in Shell Scheme

dojThree Israel residents, a Washington, D.C.-based attorney and an Israeli auditor and his Maryland accounting firm have been accused of fraud in creating numerous shall companies. About $2.1 million disgorgement and pre-judgment interest was assessed against the parties.

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ADP Adds Tax Reform Resources

adpAutomatic Data Processing has added a variety of resources about tax reform to its Accountant Connect dashboard. The payroll services company, working with Wolters Kluwer/CCH has recently made available onine courses and webcasts.

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Blucora Returns to Profitability

John Clendening, BlucoraBlucora bounced back to the black for the year ended December 31. The parent of TaxAct, Blucora reported 2017 earnings of $27 million, a swing from a loss of $65.2 million in 2016 as revenue rose by 12 percent.

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