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Written by The Progressive Accountant
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Monday, 14 May 2012 04:18 |
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Intuit plans to offer a download-only distribution of its 2012 Lacerte and ProSeries tax preparation software. The method is aimed at avoiding sales tax on software distributed via CD in 14 states, including California.
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Written by The Progressive Accountant
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Wednesday, 02 May 2012 03:43 |
A Colorado man who prepared 50 returns and a co-defendant have been found guilty of filing about $22 million in false claims with the Internal Revenue Service. Curtis Morris, 43, of Elizabeth, Colo., and Richard Kellogg Armstrong, 77, of Prescott, Ariz., were convicted of a number of charges stemming from the scheme.
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Written by The Progressive Accountant
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Thursday, 26 April 2012 19:49 |
Howard Levine, owner of a Dix Hill, N.Y.-based tax preparation business was sentenced to 37 months in prison this week after he pleaded guilty in January to obstructing internal revenue laws and preparing false returns for clients. He was also ordered to pay $320,998 in restitution to the Internal Revenue Service.
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Written by The Progressive Accountant
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Monday, 23 April 2012 14:03 |
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TurboTax unit sales were up 6 percent for the recently concluded tax season when compared to a year ago. Intuit released its final update for the 2012 on April 20 for the season through April 18, While digital tax unit sales were lower than expected, Dan Maurer, SVP and general manager of the company's consumer group, said Intuit believes it gained one point of market share online.
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Written by The Progressive Accountant
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Sunday, 22 April 2012 23:15 |
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The Department of Justice is asking a federal court to bar three Philadelphia-area tax preparers from preparing federal tax returns for others. The government seeks to block Deron Joe, Edmund Dassin and James Tokpawhiea, Liberian nationals who are legal permanent residents of the United States, from engaging in the tax preparation business. The suit alleges that most customers of their business, Urban Tax Professionals, are also from Liberia and were referred by friends and relatives.
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