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The Progressive Accountant

Rea & Associates Promotes Three

rea logoRea & Associates, an accounting and consulting firm based in New Philadelphia, Ohio, has promoted three CPAs to principal and elevated three others to director-level positions. The three new principals are Chris Ricker, Kyle Stemple and Chad Welty.

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Block Drops TaxAct Bid

_hrb_logoH&R Block is dropping its bid top acquire TaxAct Software after a federal judge last  month ruled the purchase of 2SS Holdings, which owns TaxAct, would violate anti-trust laws. Block, which planned to pay $287.5 million for the deal, said it would not appeal the judge's decision. In an SEC filing, Block said it was terminating the Octobe 2010 merger agreement. The original plan was to combine TaxAct with Block's At Home digital business in a single unit. Read more...

IRS to Monitor "High Risk" Preparers

Doug ShulmanThe Internal Revenue Service plans to inform preparers who have been identified as "high risk" that it has noticed questionable traits on a number of the Schedules A, C or E that they have prepared. The IRS will send letters to these preparers and will also contact those whose clients' returns have traits associated with questionable Earned Income Tax Credits. Read more...

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The Accounting Top 100 social media leaderboard ranks accounting professionals based on their overall presence, influence, and engagement on social media platforms. Each user’s rank is determined by that user’s Klout Score in addition to a list of custom metrics, and all updated rankings are displayed in new leaderboards generated every two weeks.

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Avalara’s Accounting Top 100 leaderboard (the “Leaderboard”) is assembled using a list of accounting professional users that’s curated by manual entry as well as by Rise.Global's internal Twitter search functionality. We reserve the right to change scoring metrics used for ranking and to exclude anyone from the list, in our sole discretion. The Leaderboard is not an endorsement, recommendation or sponsorship of any of the accounting professionals on the Leaderboard, and we do not make any representation or guarantee of their ability or reliability. Assessments by different methods or based on different information may yield different results. The Leaderboard is only a starting point to gather information about accounting professionals, and you should not rely on it to decide whether to hire an accounting professional.

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