Bob Scott

Bob Scott

Survey: Accountants Do Best in the South

Accountants fare best in the South when it comes to income. The recent survey by Business.org ranked the states not by actual compensation but by how much professionals make compared to the income of the average worker.

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AICPA Wants Later Tax Deadline

The American Institute of CPAs has asked the Internal Revenue Service to extend this year’s tax filing and payment deadlines until June 15. This follows a letter earlier this week in which the AICPA urged the IRS and Treasury Department to give adequate notice of any postponements.

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Investor Group Would Sell TaxAct

An investor group that is suing Blucora over alleged unfair practices in the election of its board of directors would consider selling the TaxAct tax software business. Ancora, which says it owns 3.4 percent of the company stock, says the tax software business and Blucora’s Avantax wealth management operations would be better off as stand-alone units.

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