News (1882)
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Firms Make Inner Circle
Five accounting firms, including two members of the Big 4, were named to the Microsoft Inner Circle for 2023. The firms selected by the software company are said to represent top 1 percent of its channel worldwide.
Bill Moves Passes $1 Billion Revenue
It was a big year for payments software company Bill which passed the $1 billion revenue mark and also reported its first non-GAAP income for the year ended June 30.
QB Desktop Payroll Prices Rising
Prices for users of QuickBooks Payroll will increase on October 1. The changes, announced this month by Intuit, go along with similar increases for prices to QuickBooks Desktop as the company pushes its online versions.
AICPA, NASBA Try to Cut Education Costs
A program being piloted by the American Institute of CPAs and National Association of State Boards of Accountancy aims to cut the cost of CPA hopefuls completing their 150-hour education equirement.
SurePrep a Driver at Thomson Tax, Acc’ting
SurePrep and Confirmation drove growth in transactions revenue for Thomson Reuter Tax & Accounting for the second quarter ended June 30. The company cited its Latin America business a contributor to recurring revenue growth.
WK Tax, Acc’tng Revs Up 8 Percent
Revenue for Wolters Kluwer Tax & Accounting rose 8 percent for the half ended June 30. The company noted that cloud growth for the segment rose by double digits.
Group on Talent Shortage Formed
The American Institute of CPAs has formed an advisory group to address the profession’s talent shortage. The National Pipeline Advisory Group is part of a multi-pronged approach that includes use of technology, surveys and in-person forums.
AICPA: Expand Appeals Sites
The Internal Revenue Service should use a variety of techniques to make Appeals conferences accessible to as many taxpayers as possible, the American Institute of CPAs said this week.
Marcum Fined $13 Million; Censured
The SEC censured Marcum and it with a $10 million fine while PCAOB nailed the firm for $3 million. The agency painted a picture of a firm with a lack of controls that was overwhelmed by the growth but took no action despite the firms of findings.
Intuit Rolls Out AI OS
Intuit has debuted a Generative Artificial Intelligence Operating Syste for its business applications.
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Jan 23 2024
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Intuit used deceptive advertising in calling some of its TurboTax…
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The Internal Revenue Service is redesigning the roughly 170 million…
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Feb 23 2024
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