The Progressive Accountant
WK Tax & Accounting Revs Up 4 Percent
- Friday, 24 February 2017
Revenue for Wolters Kluwer Tax & Accounting rose 4 percent for the year ended December 31. Operating profits for the unit increased by 1 percent as the company this week reported solid contributions from on-premise and cloud-based software, but a decline in research and learning income.
New Tax Software Scam Circulating
- Monday, 20 February 2017
Scammers are impersonating software providers in the latest scam aimed at procuring information from tax professionals. The Internal Revenue Service and state agencies are warning of an email that claims preparer software accounts have been suspended.
Tax Filings Still Down But Improved
- Thursday, 16 February 2017
Tax return filing continues to lag the 2016 season. But the total number of returns for the period through February 12 narrowed from the gap for the two earlier periods reported by the Internal Revenue Service. The number of returns received for the recent period were down 17.2 percent over the period ended Feb. 10, 2016.
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