Practice Management

Intuit has purchased Australian-based online accounting practice management software maker Fifo for an undisclosed sum.

A California businessman has pleaded guilty to concealing a foreign bank account at an Israeli bank on his 2007 tax return.

Acumatica has launched a campaign to add new reseller partners by mailing out a pair of “flip flop” sandals complete with a URL to the registration site for the company’s upcoming partner conference.

A former Internal Revenue Service employee was sentenced in a Manhattan federal court to three years of probation for violating a criminal conflict of interest law and to illegally disclosing confidential audit information during the time he was an IRS employee.

The Taxpayer Protection Program that the Internal Revenue Service implemented in an effort to curb the problem of identity theft-related tax fraud is improving the IRS’s efforts at detecting identity theft, but the case-processing controls need to be strengthened to reduce the burden on taxpayers victimized by identity theft, according to a new government report.

The American Center for Law and Justice, which has filed a federal lawsuit on behalf of 41 Tea Party and other conservative groups that claim to have been unlawfully targeted by the Internal Revenue Service, said Wednesday it is rejecting the government's offer for "expedited review" of applications for some conservative groups that have been waiting for years for a determination on their tax-exempt status, calling the offer “deeply flawed.”

A group of House Republicans whose committees have been investigating the Internal Revenue Service said Wednesday they have found evidence of delays created by the IRS Chief Counsel office in the screening of applications for tax-exempt status by Tea Party groups.

Armanino has released Dynamic Insights, a software package for reporting and analytics designed to integrate with and utilize data from a company’s existing Microsoft Dynamics AX or GP system.

NetSuite partner ERP Guru has unveiled its Business Monitoring Suite (BMS), designed to allow customers the ability to better monitor and benchmark their business in real-time versus industry peers.

CPA-focused business intelligence tool provider iLumen has added a survey platform as well as budgeting and forecasting capabilities to work in conjunction with its Client Intelligence and Industry Intelligence products.