The Progressive Accountant

IRS Offers Health Care Relief

The Internal Revenue Service is offering relief to small employers that wish to claim the Small Business Health Care Tax Credit. The guidance for 2017 and later years applies to those who first claim the credit for 2016 or later years through a Shop Marketplace but do not have marketplace plans available to employees.

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TurboTax Units Rise 4 Percent

Dan Wernikoff, IntuitIntuit ended tax season with TurboTax unit sales 4 percent higher than in the 2017. A 5-percent decline in desktop sales partially offset a 6-percent rise in online subscriptions, the company said this week.

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Block Returns Up for Tax Season

P Jeff Jones, H&R Blockreliminary results show the number of returns processed through H&R Block stores and software rose this year. The Kansas City, Mo.-based company said there were 19.9 million returns handled this year, a 2.6-percent increase over fiscal 2017, but assisted returns continued to decline, although only slightly.

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