TaxMasters, Inc. (OTC:TAXS) is an IRS tax relief company committed to helping clients with encounters with debt and tax problems. TAXS has made strong progress this year as the company continues to grow revenue and net income, as well as corresponding shareholder value. The largest growth driver for TaxMasters has been the increasing number of taxpayers who have issues dealing with the IRS and who are out of tax compliance. The recession and rising unemployment has increased the number of at-risk Americans, those who are most likely to have the severe financial difficulty that causes problems meeting IRS obligations.
Total operating expenses for the first quarter of 2010 were approximately $9.9 million, an increase of 62.9% compared to $6.1 million for the same period in 2009. For the first quarter of 2010, the company reported net income from operations of approximately $1.5 million, an increase of approximately 20% compared to approximately $1.2 million for the same period in 2009.
TAXS the IRS tax relief company, is the first publicly traded tax resolution firm in the United States. Started by Patrick R. Cox in 2001, TaxMasters offers services and counsel to taxpayers across the country facing seemingly insurmountable tax problems, and relief from substantial federal tax debt. Employing over 300 people, TaxMasters leverages the expertise of ex-IRS agents, enrolled agents, attorneys, CPAs, and seasoned tax consultants ready to counsel and assist every day people with their specific tax issues.
Thomson Reuters (NYSE:TRI), the world’s leading source of intelligent information for businesses and professionals, has launched Checkpoint Learning, a fully integrated online offering for tax and accounting practitioners. This platform combines global research, training, and certification with course and credit-tracking capability for individuals and large groups. Checkpoint Learning, winner of Accounting Today’s 2010 Top New Learning Product, offers tax and accounting practitioners the most powerful tool for compliance and certification available today.
The Tax & Accounting business of Thomson Reuters recently announced a series of strategies that include providing a seamless layer of Web-based applications for all clients, to enable and empower accurate regulatory compliance. Checkpoint Learning is core to this strategy. By centralizing the learning, courseware, guidance, record-keeping, and compliance requirements onto a single online platform, Checkpoint Learning revolutionizes the user experience, by allowing tax and accounting professionals to receive updated legislative news, research a topic, complete related testing, and instantly determine compliance with Continuing Professional Education (CPE) licensing requirements, all on one integrated platform.
TRI is the world’s leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, healthcare and science and media markets, powered by the world’s most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people and operates in over 100 countries.
Prudential Financial, Inc. (NYSE:PRU), recently reported that the company has honored six plan sponsors for redesigning their defined contribution retirement programs to assist plan participants in achieving a more secure retirement. This new retirement plans will cover Ply Gem Industries, the United Parcel Service (UPS), the State of North Carolina, Munters Corp, Bekaert Corp and EMC Insurance Companies. with this redesigned retirement plan Ply Gem has seen a 568 new enrollment participants in their 401 (k) plan. Ply Gem also added Prudential’s GoalMaker asset-allocation tool, a feature selected by 42 percent of plan members.
PRU a financial services leader with approximately $693 billion of assets under management as of March 31, 2010, has operations in the United States, Asia, Europe and Latin America. Prudential’s diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, investment management and real estate services. In the U.S., Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century.

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