The Progressive Accountant

Bloomberg Releases Advantage Automator

Ken Crutchfield, Bloomberg Tax TechnologyBloomberg Tax has released the cloud-based Advantage Automator. Built on the company’s Advantage platform, the new product can connect multiple tax and accounting systems enabling professionals to connect a wide variety of data.

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ADP to Take Estimated $296M Charges

Carlos Rodriguez, ADPAutomated Data Processing expects to take about $296 million in pre-tax charges in the fourth quarter ending December 31. The charges are a combination of $46 million in what the company says are transformation charges and roughly $250 million stemming from a voluntary early retirement program.

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IRS: Filings Kept Rising

irsThe number tax returns filed continued to rise as tax season ended.  For the season through April 27, the Internal Revenue Service received 139,903,000 returns, an increase of 1.7 percent 137,496,000 for the period ended April 28, 2017. That was a noticeable acceleration for the period ended April 20, when the number of returns received were .9 percent over the corresponding period in 20

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