INTUIT NAMES VP Intuit has named Alex Lintner, a former director and vice president for the Boston Consulting Group, to its newly created position as senor vice president of strategy and corporate development.
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He will be responsible for strategy across all Intuit businesses and reports to CEO Steve Bennett. Reporting to him will be Greg Paulsen, vice president, corporate development, and Ravi Srivastava, vice president of strategy for QuickBooks-related businesses.
ORRTAX OFFERS TRAINING
Orrtax Software Solutions has reached an agreement to provide education services from The Income Tax School, a Richmond, Va.-based provider of continuing professional education.
Under the agreement, Bellevue, Wash.-based Orrtax can offer training and materials in the areas of income tax preparation best practices and practice management to its software customers.
eMONEY ADDS TOOL
eMoney Advisor, which markets Internet-based financial planning applications, has added a marketing tool that is designed to help advisors showcase its AdvisorPlatform line.
The tool is downloadable via a link that offers sample client data from the AdvisorPlatform. This presentation can be branded by the advisor and gives a realistic view of the way the application works.
BNA HQ GOES SOUTH
BNA Inc. will shed its Washington, D.C., roots in 2007, agreeing to to relocate its headquarters to offices in Crystal City, in Arlington, Va., about 4.5 miles south of its current offices.
BNA has purchased 290,000 square feet of office space that will be renovated for the company. BNA plans to move more than 1,000 staff members to the facility. It is buying the building from Charles E. Smith Commercial, a division of Vornado Realty Trust, selling its 25th Street buildings in Washington, D.C. to Smith, through a like-kind exchange.
MORNINGSTAR EARNINGS DROP
Earnings for Chicago-based Morningstar fell to $4 million for the first quarter ended March 31, down 11 percent from $4.5 million in last year's corresponding period.
The earnings decline came as revenue rose to $53.2 million, up 29 percent from $41.1 million a year earlier. Earnings dropped principally because of a 70 percent rise in income tax expense. Revenue for the Advisor Segment, which includes sales of the Morningstar Advisor Workstation and Principia, reached $15.5 million, a 20 percent increase from $13.7 in last year's first quarter.
CCH ERECTS CPE SITE
CCH has opened the CCH Testing Center Web site to enable tax and accounting professionals to get online access to final exams for CCH print continuing professional education courses.
The site has a PDF file of each print course. Users can review course materials, and complete and submit final exams online. Results and CPE credits are immediately available and certificates can be printed from the site.
AMERICAN JOINS WK BOARD
Leonard P. Forman, executive vice president and CFO of the New York Times Company, has been named to the supervisory board of Wolters Kluwer, the Dutch company that owns CCH Tax & Accounting.
Forman replaces K.A.L. M. Van Wiert, who resigned earlier this year because of his workload. Members of the supervisory board, who provide an oversight to Dutch companies, are nominated by the board and elected by shareholders.
COMPUPAY BUYS PAYMAXX
Miami-based CompuPay Holdings has acquired PayMaxx, a Nashville, Tenn.-based company that markets online payroll services. Terms were not disclosed.
CompuPay markets the PC Payroll line, which is being renamed PayRight, a new version that is scheduled to be released this year. CompuPay's staff of 530 will include 150 PayMaxx employees.