Bob Scott

Bob Scott

Intuit Targets CPA/EA Biz

target dartsIntuit is continuing to go after the assisted tax preparation market. And the new head of the company’s consumer tax business, EVP Varun Krishna, this month talked about being “able to offer a more disruptive offering”

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More Forms to be Electronically Amended

Eraser pencil The Internal Revenue Service has increased the number of forms that can be amended electronically. The IRS said this month  the additions will aid it in working on its backlog of amended returns.

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Liberty Parent Curtails Loan Biz

Loan hand moneyNextPoint Financial, which owns Liberty Tax Services, is ceasing to make loans through its LoanMe operations, which it acquired for about $120 million a year go. The company, which is based in Hurst, Texas, but trades on the Toronto stock exchange, said it has cut LoanMe’s workforce and will only continue to service outstanding loans.

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