The Progressive Accountant

Abacus Enters CPA Market

Abacus Next, which provides software for legal professionals, has entered the CPA market with the purchase of Cloudnine Realtime and Results Software. Cloudnine hosts applications such as those from Intuit, Sage and Microsoft while Results produces CRM packages for QuickBooks users.

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WK Tax & Accounting Revs Up 4 Percent

Nancy McKinstry, Wolters Kluwers Revenue for Wolters Kluwer Tax & Accounting rose 4 percent for the year ended December 31. Operating profits for the unit increased by 1 percent as the company this week reported solid contributions from on-premise and cloud-based software, but a decline in research and learning income.

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New Tax Software Scam Circulating

irsScammers are impersonating software providers in the latest scam aimed at procuring information from tax professionals. The Internal Revenue Service and state agencies are warning of an email that claims preparer software accounts have been suspended.

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