The Tax & Accounting business posted Thomson Reuters' strongest results in the second quarter ended June 30 as the company reported weak performance overall. Revenue for the business benefited from acquisitions that pushed the total up by 7 percent, 3 percent organically.

Wolters Kluwer, parent to CCH, turned in essentially flat results for the first half ended June 30, as weakness in print publishing and EMEA countered growth in electronic products, including tax and accounting software. On a constant currency basis, ordinary net income was down 1 percent for the most recently ended period while worldwide revenue rose by 1 percent.

Armanino has been selected to the Microsoft Dynamics Inner Circle for 2013, the only CPA firm to make the list of top software resellers. It was an unusually weak showing by accounting firms that have software reselling and consulting operations.