Bob Scott

Bob Scott

Liberty: Past Lack of Controls

Liberty TaxThe new management and ownership of Liberty Tax say the tax services company previously lacked integrity and ethical values. That was one of several factors lasted as a factor in lack of internal controls cited in an amended Form 10K filed this week with the SEC.

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CPA Draws Term in Drug, Sports Racket

. Luke Fairfield, former CPAA San Diego, Calif.-based CPA has been sentenced to 21 months in prison for his role in a network that trafficked drugs, employed bookies and enforcers and laundered money. Luke Fairfield, who lost his license when he pled guilty in March 2017, participated in a schemeled by former USC football player Owen Hanson and was the last of 22 defendants sentenced.

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Portal to Serve TurboTax Live Pros

Stacie Herring, Intuit Intuit has created a portal to serve professionals who assist taxpayers via the TurboTax Live program. The Intuit Pro Portal, which is said to perform 90 percent of the tasks needed to run a tax office, may someday be marketed to all customers.

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