Bob Scott

Bob Scott

Crisis Spurs Everyone to Conserve Cash

Love may make the world go round but it tough economic times for business, it is cashflow and liquidity. There are many steps organizations are taking curing the coronavirus crisis to strengthen their own operations as well as helping out other enterprises and their employes. That is in addition to aid availablefrom governmental entities, including the recently enacted coronavirus stimulaus package.

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Block: No Tax Updates Until End

H&R Block says it will not provide updates on filings through its system for this tax season until it releases Fiscal 2020 results in June. The tax services company noted that with about one-third of a typical season completed for its Assisted and DIY offerings, it is difficult to predict changes in taxpayer behavior.

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Do-It-Yourself Returns Surge

The number of tax returns filed with the Internal Revenue Service continues to be ahead of the 2019 season. But the story for the season through March 22 was that self-prepared efiled returns were 3.6 percent higher than  or the corresponding period ending March 20, 2019.

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