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The Progressive Accountant

RSM McGladrey Tax Revs Drop

RSM logoRSM McGladrey saw tax services revenue fall by 6.8 percent for the third quarter ended January 31 as sluggish client demand led to lower rates and fewer chargeable hours. The tax services revenue is part of Block's Business Services segment, which is comprised by RSM McGladrey and RSM EquiCo. The latter, a separate reporting unit, assists clients with capital markets transactions. Tax services revenue dropped to just under $73 million in the quarter end ended, down from $78.3 million a year earlier.

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Wolters Kluwer Buys Ftwilliam.com

RIVERWOODS, Ill. -  Wolters Kluwer Law & Business has acquired ftwilliam.com, which markets Internet-based software that provides  third-party administrators and other retirement plan professionals with worfklow systems that automate administrative functions along with meeting secure 5500 filing requirements. The unit beomes part of the pension and benefits portfolio in Wolters Kluwer's Business Compliance Group in Wolters Kluwer Law & Business. Terms of the agreement were not disclosed.

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Cheshire Wealth Manager Version 2010A

Cheshire Wealth Manager Version 2010A incorporates a Roth Conversion Analysis that provides the ability do a specific comparison, with resulting cash flows, for a full or partial Roth conversion and and also gives the ability to enter different tax rates in future years. This version also includes the 2010 annual economic update.

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