Bob Scott

Bob Scott

Price Cuts Dent Block’s Fiscal 2019

H&R Block said that targeted price cuts dampened results for the year ended April 30. Block did not disclose which market segments were the target for the pricing action, but said it will not expand the program.

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Avalara to Raise $190+ Million

Avalara plans to fuel expansion with a secondary offering that it expects to raise about $193.2 million. The cloud sales tax software company this week said it will sell three million shares and that proceeds could be as high as $222.3 million if the underwriter’s over-allotment option is exercised.

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Intuit Doubles Bookkeeping Test Prices

Intuit is testing the limited sale of QuickBooks Live Bookkeeping. The offer of $400 per month,  available this month on QuickBooks.com, is twice the price of an earlier subscription price.

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