Our History
The Tax & Accounting business of
Thomson Reuters is a leading provider of technology and integrated
information solutions to accounting, tax and corporate finance professionals
in accounting firms, corporations, law firms and government. Tax & Accounting
includes the Professional Software & Services, Corporate Software &
Services, and Research & Guidance business groups.
1935 – Research Institute of America Founded
Founded in 1935 by Carl Hovgard, what was originally the ‘Research
Institute of America’ is still driven by his philosophy: "To study
the practitioner's problems and give a solution in language that's understandable."
1980 – Thomson Acquires WG&L
The Thomson Corporation acquired Warren, Gorham & Lamont in 1980. With resources
and support from Thomson, WG&L was able to aggressively pursue new products,
earning a reputation as the premier provider of high quality analytical and
legal information for business executives and their advisors. For more than
three decades, WG&L was a major information source for finance professionals
in companies of all sizes and industries. In 1996, the tax publishing activities
of Warren Gorham & Lamont were merged with RIA.
1989 – Thomson Acquires RIA
Thomson Professional Publishing, a unit of The Thomson Corporation, acquired
RIA in 1989.
1992 – RIA Introduces the company's first core CD-ROM Product
A marvel of links to analysis and primary source material, the company's first
core CD-ROM product was introduced and laid the groundwork for future electronic
products.
1997 – Checkpoint® Launched
The revolutionary tax & accounting online research platform is launched
in July 1997.
1998 – CLR Acquired
In 1998, RIA acquired Computer Language Research/Fast-Tax (CLR), an industry
pioneer and technology leader in tax compliance, tax management, and accounting
software. CLR has consistently set the industry standards for automation, directing
considerable revenue to research and development. Because of this progressive
approach, CLR has been first to deliver nearly every major advance in tax automation,
using both internal development and strategic acquisitions to strengthen product
lines. The acquisition of CLR has helped to further integrate RIA's tax information
content with sophisticated application software products to create leading Web-based
solutions.
2006 – Thomson Tax & Accounting comes together
Three new business groups were announced under the new unified Thomson Tax
& Accounting unit: Research & Guidance, Professional Software &
Services, and Corporate Software & Services. The new Thomson Tax & Accounting
businesses were organized on the strength and expertise of such well-known products
and brands as Creative Solutions, Fast-Tax, PPC, RIA, Checkpoint®, InSource®
and GoSystem®.
2007
Thomson Tax & Accounting is now the world's largest provider of comprehensive
and easy-to-use solutions to your most complex and challenging tax research,
information and compliance questions.
The Thomson Corporation and Reuters Group PLC announce that they are in discussions
for the combination of their two businesses.
2008
The Thomson Corporation and Reuters Group PLC combine to form Thomson Reuters.
