The Progressive Accountant
Blucora Buying 1st Global
- Tuesday, 26 March 2019
Blucora, which owns TaxAct and H.D. Vest, is buying 1st Global and 1st Global Insurance Services for $180 million in cash. The acquisition is expected to close by May 30.
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OfficeTools Mobile Apps Debuts
- Tuesday, 26 March 2019
A mobile app for OfficeTools has been introduced by AbacusNext. The app is available for the practice management application for both the iOS and Android platforms and will function as companion to OfficeTools desktop version.
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IRS Expands Underpayment Relief
- Monday, 25 March 2019
The Internal Revenue Service is lowering the threshold for taxpayers who wish to qualify for relief from penalties on 2018 federal income tax withholding and estimated tax payments. The agency reduced the threshold for penalties on underpayment to 80 percent of tax liabilities.
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