Eide Bailly has added Gary Smith, who joined the firm on June 1, to its financial institutions team as a partner. Smith worked with McGladrey from August 1993 through May and served as a managing director there from 2005 through November 2011.

TaxAct earned double-digit increases in operating income and revenue as it performed well in ending the season for its parent, Blucora, formerly known as InfoSpace. On a pro forma basis, segment income for the second quarter ended June 30 was up 21 percent and revenue rose by 11 percent. Read more...

Thomson Reuter's Tax and Accounting business turned in strong results for the second quarter ending June 30 with a 19-percent increase in operating profit and a 25-percent increase in revenue. Those operations were by far the strongest among Thomson's businesses with the parent company reporting an 8-percent drop in underlying profit and a 1-percent increase in revenue.