Bob Scott

Bob Scott

QBO Revs Rise 25 Percent in 2021

Intuit reported another booming year for QuickBooks Online, whose sales grow to just under $1.7 billion for the year ended July 30. That is an increase of 25.4 percent from $1.35 billion in fiscal 2020.

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Cal Society Names New CEO

The California Society of CPAs and CalCPA Education Foundation have hired Denise LeDuc Froemming, as president and CEO of both organizations. Froemming will move into the positions on October 18.

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Intuit: Returns To Be Up 3 Percent

Intuit is predicting that the number of federal individual tax returns fuked will be up 3 percent for 2021 over the prior year. The software company had previously estimated the total would be about 1-percent higher than last year, CFO Michelle Clatterbuck said during the company’s recent webcast for earnings for the year ended July 31.

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