Bob Scott
Thomson Tax & Accounting Revs Rise
- Tuesday, 26 April 2016
The Thomson Reuters Tax & Accounting business grew revenue by 4 percent for the first quarter ended March 31, an increase of 8 percent before currency. However, the operation saw operating profit drop to $114 million, a decrease of 10 percent from $126 million in last year's corresponding period, the company said in reporting the results this week.
Tax Season Totals Worsen Again
- Sunday, 24 April 2016
There were still three more days to file tax returns when the Internal Revenue Service issued its report for the season through April 15. But with all figures reported behind the season ended April 17, 2015, it's hard to see that three days will make much difference. Total returns received and processed and those efiled by tax professionals continued to worsen while for the first time, the number for self-prepared returns fell below 2015's corresponding period, off 3.4 percent.
Intuit Unifying Pro Tax Brands
- Thursday, 21 April 2016
Intuit is making its company name more visible under a new brand for its professional tax preparation applications. The company is bringing the ProSeries and Lacerte applications under the Intuit ProConnect label while changing the name of Intuit Online Tax to ProConnect Tax Online in June. The company says it is not changing the names or features of either Lacerte or ProSeries.
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