The Progressive Accountant

CCH Parent Expands Europe Tax Biz

Wolters KluwerWolters Kluwer Tax & Accounting has acquired Belgium-based TopPower, a company that markets tax, accounting and ERP software. The parent of CCH said that TopPower has 4,500 clients. Terms of the acquisition were not disclosed. The acquired company's TopAccount software suite incorporates modular accounting and ERP software and also has vertical market applications. TopPower was founded in 1984.

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NYSE to Delist Jackson Hewitt

Jackson HewittThe New York Stock Exchange plans to suspend trading in the common stock of Jackson Hewitt before trading opens on Monday, May 9. The tax preparation company said it had received the delisting notice because its stock price, the aggregate value of its common stock and shareholder equity fell below listing requirements.

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IRS Selects Exam and Fingerprint Vendors

IRS logoThe Internal Revenue Service has selected Prometric to administer a competency examination and fingerprinting program and Daon Trusted Identity Services to offer fingerprinting services. The test and checks are part of the second phase of the IRS' increased oversight of federal tax return preparers. Read more...

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