The Progressive Accountant

Attorney Sentenced in Bogus Filings

dojA Bronx, N.Y.-based attorney has been sentenced to two years in prison for filing thousands of bogus tax returns. William Doonan was found to have claimed more than $6 million in bogus deductions for clients of his tax return business.

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Thomson Tax & Accounting Revs Up 6%

James Smith, Thomson ReutersRevenue for the Tax & Accounting business of Thomson Reuters reached $417 million for the first quarter ended March 31. That was an increase of 6 percent before currency from $389 million a year earlier with the Professional segment leading the way with 13-percent growth.

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Industry Vet Gramlich Joins Validis

Jeff Gramlich, ValidisJeff Gramlich, who has held executive jobs with the industry's top software companies, has joined Validis. As VP of business development, Gramlich is responsible for expanding the accounting market for the London, United Kingdom-based software company. He previously served as a consultant to the company.

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