Bob Scott

Bob Scott

WK: Cloud About 10 Percent Revenue

Wolters Kluwer this week said revenue from cloud products constitute about 10 percent of the total. The company did not specify the percentage of cloud revenue for tax and accounting products but said they are performing well.

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Tax Season About Break Even

The number of tax returns received by the Internal Revenue Service for the season through February 21 were almost even with the comparable period in 2019.  Total returns received were down .1 percent from a year ago while efiles were  up .3 percent.

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Bloomberg Issues Tax Season Watch

Bloomberg Tax & Accounting has released Tax Season Watch this week. The product offers content and analysis related to federal and state issues developed for the 2019 tax year.

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