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The Progressive Accountant

TaxAct Parent Paid Owners Well

infospace logo2SS Holdings, the company that owned the TaxAct software line, was an extremely profitable operation that paid its owners large dividends. And perhaps that explains why after the courts blocked its sale to H&R Block, the company was quickly snapped up by InfoSpace in January. For the year ended September 30, the company had operating margins of 43.6 percent and that was down from more than 49 percent for each of the prior fiscal years.

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Wipfli Expands International Practice

Bob Buetow, WipfliWipfli it has expanded its international services practice with the hiring of Bob Buetow as director of international tax services. Buetow was most recently with LarsonAllen and where he held a similar title. He had been with that firm for 13 years.

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Ex-BDO Partner Sentenced for Tax Crimes

Stephen A. Favato, a former partner in BDO Seidman's Woodbridge, N.J., office, has been sentenced to 18 months in prison for tax crimes. Favato, a resident of Point Pleasant Beach, N.J., was found guilty in August 2010 by a federal jury of one count of corruptly endeavoring to obstruct and impede the Internal Revenue laws and one count of aiding and assisting in the preparation and filing of a false income tax return.

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The Accounting Top 100

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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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