Bob Scott
Bloomberg Enhances Fixed Assets
- Monday, 10 February 2020
Bloomberg Tax & Accounting has enhanced its Advantage Fixed Assets software to address bonus depreciation calculations for states whose rules do not conform with the Internal Revenue Code. Bloomberg noted many states has disallowed the benefit, partially or in full, since its adoption in 2001.
Early Tax Results Look Familiar
- Monday, 10 February 2020
The first filing statistics for tax season showed only 15,777,000 returns received through January 31—four days of filing. But the overall pattern of figures reported by the Internal Revenue Service resemble the shape of past seasons.
QBO Offers Non-Accountant Language
- Thursday, 06 February 2020
Intuit is offering views of QuickBooks Online that offer different terms to accounting professionals and their clients. The company noted this week that in January it began testing Business View, which uses different terms than those designed for accounting professionals.
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