Bob Scott

Bob Scott

Price Hikes Move TaxAct Business

John Clendening, BlucoraBlucora, the parent of TaxAct, saw a double-digit drop in efiles for the recently ended tax season. But the company still managed to grow its tax business revenue for the first quarter ended March 31, primarily through price increases. Blucora also had a 7-percent rise in quarterly wealth management revenue—the H.D. Vest business.

Read more...

Returns for 2017 Fall Short

irsThe Internal Revenue Service and many industry observers expected returns filed this year would exceed 2016 totals by 1 percent. Instead, the total fell .7-percent short as a last minute surge of 135.6 million returns did not overcome the gap between this year through April 21 and last year's corresponding period as efiled returns from paid professionals dropped but the self-prepared total rose slightly.

Read more...

Intuit Wins Tax Season—Again

IntuitH&R Block told customers to get taxes won, not done. But for tax season 2017 the winner was again Intuit which saw increased sales of its TurboTax units while the two publicly held tax store chains, Block and Liberty Tax Services, reported declines year-over-year for the season through 22.

Read more...

Visit other PMG Sites:

Template Settings

Color

For each color, the params below will give default values
Tomato Green Blue Cyan Dark_Red Dark_Blue

Body

Background Color
Text Color

Header

Background Color

Footer

Select menu
Google Font
Body Font-size
Body Font-family
Direction