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News (1806)

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Digital Asset Software Cos. Combine

Handshake blueThe software companies that market digital asset management software have come together with the purchase of Tactic by Taxbit. Terms were not disclosed.

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CPA Guilty in Tax Shelter Fraud

Justice hammer scales A Florida CPA has pleaded guilty to using syndicated conservation easement tax shelters to protect income of high-income clients from taxes.  Ralph B. Anderson of Naples admitting causing a tax loss of nearly $3.5 million.

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Liberty Parent Outlines Filings

Postpone NextPoint Financial, parent of tax preparation service, Liberty Tax, intends to have its delayed financial statements for its year ended Dec. 31, 2021 and three quarters of 2022 filed by the end of February.

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Xero Changing Shows

Globe circuit board 
Xero is ending its practice of having annual editions of its Xerocon conference in its major markets. Starting next year, the New Zealand-based company will move to what it calls global conferences.

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Feds: CPA Cheated Surrogates' Clients

A Las Vegas, Nev., CPA has been indicted for allegedly defrauded clients of surrogacy agencies of more than $900,000. Darryl Lynn Kauffman, 74, has charged in connection with Kauffman’s passing himself out as an escrow agent in the surrogacy business in California..

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QBO Accountant Changes Unveiled

App buttons Intuit has introduced a number of enhancements to QuickBooks Online Accountant this month, including Bulk Transaction Processing in Books Review.

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QBO Revenues Rise 28.7 Percent

Arrow blue Revenue for Intuit’s QuickBooks Online hits $668 million for the first quarter ended October 30, up 28.7 percent from $519 million million a year ago. That growth was on top of the 5.8million  QBO customers the software company reported for fiscal 2022. 

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Zoho Goes Over $1 Billion


DollarsCloud software vendor Zoho has exceeded $1 billion in revenue, the company said this month.

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Latam Leads Thomson Tax, Accting

dollars blue green The Latin American business of Thomson Tax & Accounting grew by 25 percent during the third quarter ended September 30.

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Xero Raising U.S. Prices

Plus sign green Xero is raising prices for its business edition in the United States and Canada, the company said this week.

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