While Intuit's ProTax operations are not the normal purview of this publication, their presence impacts all of the company. Intuit does not talk much about this highly profitable business in which it holds the major share of the professional preparer market. Intuit has not published a press release about its ProTax products—Intuit Online, Pro Series, Intuit Tax Online—on its website since March 2013. Analysts say that they have trouble getting any information on these operations. "It's not just you," one commented.

The Edgewater Technology board of directors has unanimously rejected the takeover bid it has received from Ameri Holdings. In a letter to Jeff Eberwein, the activist investor who heads Lone Star Investors, Edgewater's lead independent director Wayne Wilson that "the Proposed Transaction is grossly inadequate and not in the best interests of Edgewater's shareholders." Lone Star joined AmeriHoldings in the takeover bid. AmeriHoldings, headquarter in Princeton, N.J., operates via Ameri100.

Intacct has trimmed its reseller and outsourcing channels as it tightens requirements. The cloud accounting software company has dropped to 80 resellers from 95 a year ago. It has also dramatically decreased the number of accounting firms and BPO outsourced accounting services partners being recruited. "If you were of a size that would not be successful we asked you to go partner with somebody or do something else," Taylor Macdonald, Intacct's VP of channels, said in a speech to resellers at the company's Advantage conference this week.