Bob Scott

Bob Scott

Thomson Tax/Accting: Good Quarter

Thomson Reuters Tax & Accounting Professional segment reporting a 17-percent increase in EBIDTA for the first quarter ended March 31 on a 3-percent increase in revenue. That growth was despite the extension of the tax deadline to May 15, which will shift revenue to the second quarter.

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Pennsylvania Preparer Faces 29 Counts

A King of Prussia, Pa.-based tax preparer has been indicted on 29 counts of aiding and assisting in the preparation of false income tax returns. If convicted of all charges, Eric Amaefuna, 65, would face a maximum of 87 years in prison and a $7,250,000 fine.

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Survey: Pandemic Speeded Up Tech Plans

Businesses dramatically accelerated the adoption of new technology, accord to Sage’s 2021 Return to Growth Outlook. The recently released survey of 1,000 SMB business leaders found that 52 percent accelerated their technology plans by three or more years.

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