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2016 BSI VAR Stars

2016 BSI VAR Stars

Report: 2016 BSI VAR Stars Moving to the cloud represents a challenge for mid-market accounting software resellers. Some make it more challenging by making the switch from marketing desktop applications...

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Brad Smith, IntuitIntuit's non-equity incentive plan boosted compensation for most of Intuit's named executives by double digits for the year ended July 31. CEO Brad Smith had the sharpest increase from that plan, a 60-percent increase that pushed his total compensation 17.3 percent higher than in fiscal 2015.

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Steve Mendelsohn, Thomson Reuters A new search method from Thomson Reuters is designed to provide shortcuts to obtaining answer on commonly searched federal tax topics within Checkpoint. The new feature, Answer Path, simplifies such searches, according to Steve Mendelsohn, managing director of Knowledge Solutions at the company.

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BoulayBoulay, a Eden Prairie, Minn-based CPA firm, has received the Intelligence Award from software vendor Deltek. The 170-person firm received the honor at Deltek Insight 2016, the company's annual user conference as part of its Project Excellence Awards program.

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Matt Jagst, Thomson ReutersThomson Reuters has spelled out the next modules in its cloud-based Onvio suite to reach the market. Project Manager and Trial Balance will debut for early in 2017, according to Matt Jagst, senior director of product management, for the company. The new Checkpoint Engage audit software is also built on Onvio. Jagst made his comments at the compan's's Synergy user conference.

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Nancy McKinstry, Wolters KluwerWolters Kluwer Tax & Accounting has reported organic revenue growth 3 percent for the nine months end September 30. The company attributed the improvement to the continuing shift towards the use of software. Overall, Wolters Kluwer said revenue was up 2 percent before currency and also up 2 percent after the impact of currency exchange.

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New Products

Thomson Adds New Checkpoint Search

Thomson Adds New Checkpoint Search

A new search method from Thomson Reuters is designed to provide shortcuts to obtaining answer on commonly searched federal tax topics within Checkpoint. The new feature, Answer Path, simplifies such...

People and Moves

Bloomberg BNA Names Division Execs

Bloomberg BNA Names Division Execs

Bloomberg BNA has named new presidents of its Cross Platform and Legal Divisions. The company promoted Mike MacKay to become head of the Cross Platform Division, which provides marketing and...

Running a Firm

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Firms Revs Improve; Profit Picture Mixed

Firms Revs Improve; Profit Picture Mixed

Most CPA firms have experienced increases in revenue over their most recent fiscal year. That is the finding of the 2016 National Management of an Accounting Practice (MAP) Survey conducted...

Preventing Document Management Headaches

Preventing Document Management Headaches

Let's say you're a CPA and a client inconveniently calls you 10 minutes after you've left the office. It probably means the client needs something from you and you likely...

Preparer Guilty in ID Fraud

A Cranston, R.I.-based tax preparer has pleaded guilty to using stolen identifies to receive more than 100 government checks in the amount of $800,700 and deposit them into her personal...

Are You An Entrepreneurial Accountant?

Are You An Entrepreneurial Accountant?

What is the difference between the way traditional accountants and entrepreneurs think? Generally accountants utilize managerial thinking—they selected from means to reach a goal. Entrepreneurs are driven by effectual reasoning—they...

Sage Picks American Accountant Head

Sage Picks American Accountant Head

Sage is moving Nancy Harris from her role in running its Canadian operations to managing its Sage's North American partner and accountant business. Harris who has been EVP in Canada...

Reviews

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REVIEW: Website Building Software

Web design and editing have always been a problematic software category. When the World Wide Web debuted in 1990, it was largely a text-only system of document sharing using the...

REVIEW: Budget Software 2016

Change has finally come to the category of planning and budgeting software, resulting in a round of improved capabilities, tighter integration with other software, and another potential revenue stream for...

REVIEW: Workflow Software 2015

The software category of workflow management is exploding, with new versions, streamlined capabilities and new features. But there is an old adage that when you are up to your hips...

REVIEW: Small Business Accounting Softwa…

Driven by the growth of cloud computing and an understanding of how little most small businesses want to delve into the minutiae of accounting, the market for small business accounting...

REVIEW: Online Payroll Systems 2015

Despite the profits it can generate and the benefits it may offer in client relationship management, these are difficult times for payroll vendors and their accounting partners. Competition continues to...

Tax

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Intuit to Mine TurboTax Data

Intuit to Mine TurboTax Data

Intuit intends to use its large amount of consumer data in TurboTax to help taxpayers improve their experience with financial services. Dan Wernikoff, the EVP who runs the software company's...

IRS Offers Tool For Account Info

IRS Offers Tool For Account Info

The Internal Revenue Service has launched an online application to assist taxpayers with balance inquiries. Available on IRS.gov, the tool enables them to view account balances, will include amounts they...

Preparer Draws 48 Months in ID Theft

Preparer Draws 48 Months in ID Theft

A tax preparer based in Stillwell, Kan., has been sentenced to 48 months in prison for using stolen client identities to obtain income tax refunds. Richard Drake was convicted of using...

AICPA Committee Calls for Repeal of AMT

AICPA Committee Calls for Repeal of AMT

The Alternative Minimum Tax should be repealed for simplicity and transparency, the American Institute of CPAs' Tax Executive Committee said recently. That provision was one of several the committee made...

Former Franchisor Socked with $5M Judgment

Former Franchisor Socked with $5M Judgme…

A federal court has barred Walner Gachette, the franchisor for the former LBS Tax Services chain, from preparing tax returns for others. A $5-million judgment was also entered against the...

Tech

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2016 BSI VAR Stars

2016 BSI VAR Stars

Report: 2016 BSI VAR Stars Moving to the cloud represents a challenge for mid-market accounting software resellers. Some make it more challenging by making the switch from marketing desktop applications...

 Intacct Moving to In-Memory Database

Intacct Moving to In-Memory Database

Intacct is preparing to utilize an in-memory database for its online applications. At the company's recent Advantage conference. Chief technology officer Aaron Harris said a limited release of the technology...

Firm Operation and Technology Survey Launches

Firm Operation and Technology Survey Lau…

The Fourth Annual Accounting Firms Open and Annual Technology Survey has been launched. Besides asking for input on current practices, authors Randy Johnston and Leslie Garrett say besides compiling that...

Report: Payroll

Report: Payroll

Report: Payroll With the influx of cloud-based solutions, innovative technology and an increasingly competitive tax and accounting marketplace, some firms are now rethinking payroll and how to successfully integrate...

Report: Business Shifting to Cloud Centric Accounting Firms

Report: Business Shifting to Cloud Centr…

Report: To The Cloud And Beyond There have been several reasons users in the accounting market have been reluctant to desert the desktop for the cloud. There was the worry...

News

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Intuit CEO's Pay Rose 17.4 Percent

Intuit CEO's Pay Rose 17.4 Percent

Intuit's non-equity incentive plan boosted compensation for most of Intuit's named executives by double digits for the year ended July 31. CEO Brad Smith had the sharpest increase from that...

Thomson Adds New Checkpoint Search

Thomson Adds New Checkpoint Search

A new search method from Thomson Reuters is designed to provide shortcuts to obtaining answer on commonly searched federal tax topics within Checkpoint. The new feature, Answer Path, simplifies such...

Boulay Nabs Deltek Award

Boulay Nabs Deltek Award

Boulay, a Eden Prairie, Minn-based CPA firm, has received the Intelligence Award from software vendor Deltek. The 170-person firm received the honor at Deltek Insight 2016, the company's annual user...

Thomson Schedules Onvio Releases

Thomson Schedules Onvio Releases

Thomson Reuters has spelled out the next modules in its cloud-based Onvio suite to reach the market. Project Manager and Trial Balance will debut for early in 2017, according to...

WK Tax &  Accounting Revs Up 3 Percent

WK Tax & Accounting Revs Up 3 Perce…

Wolters Kluwer Tax & Accounting has reported organic revenue growth 3 percent for the nine months end September 30. The company attributed the improvement to the continuing shift towards the...

Learning Center

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QuickBooks Online and Google Link Up

QuickBooks Online and Google Link Up

Intuit and Google are collaborating on applications that integrate the G Suite—formerly called Google Apps for Work—with QuickBooks Online. The first releases for QBO include Google Calendar and Single Sign...

Easy Checklist Provides Small Firms with Workflow and Client Management Solutions

Easy Checklist Provides Small Firms with…

Bob Scott, executive editor of the Progressive Accountant, sits down with Michael Havey of Easy Checklist ABC to discuss the company’s new task management tool designed to assist accountants, bookkeepers...

Global Force International Helps Accountants Merge, Acquire or Sell Businesses

Global Force International Helps Account…

Bob Scott, executive editor of The Progressive Accountant speaks with Max Krotman, executive vice president of Global Force International. With a focus on business integration, Global Force International matches firms...

KBKG Identifies Specialized Tax Credits and Incentives for Clients.

KBKG Identifies Specialized Tax Credits …

Bob Scott, executive editor of The Progressive Accountant, speaks with Gian Pazzia, principal of KBKG about the way the company collaborates with CPA firms to deliver the most effective tax...

APS Pension and Financial Services Helps Companies Navigate the Growing Complexities of 401K Plans

APS Pension and Financial Services Helps…

Stephen Abramson, president of APS Pension and Financial Service sits down with Bob Scott, executive editor of The Progressive Accountant to discuss how the company is helping small to midsize...

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