Former Securities and Exchange Chairman Richard Breeden, whose hedge fund holds roughly 2 percent of the shares of H&R Block, is seeking a seat on the board of the tax-prep giant. Breeden, who now heads Breeden Capital Management LLC, will be on the company's proxy ballot along with two others during a September election. Block has an 11-member board. In the wake of posting a year-end loss of $434 million, investor pressure has mounted to force management to sell the company.
Plus, the IPSASB names new members; Grant Thornton launches a new assurance services group; and other news from across the profession.
"Godfather" sculptures; designer handbags; nonprofit embezzlement; and other highlights of recent tax cases.
Close automation platform Numeric announced the launch of not an ERP but what they're calling an FDP or Financial Data Platform, meant to be a replacement for enterprise companies with complex accounting needs.
The Internal Revenue Service's National Distribution Center is experiencing a sharp decline in demand for paper tax products, according to a new report.
Plus, FoxPointe launches AI Services for SMBs; Avalara announced new agent hub; and other accounting tech news and updates.
The Internal Revenue Service debuted a new mobile app, replacing its old IRS2go app with a new one simply called IRS.
