The Progressive Accountant
QBO Adds 1M Subs in FY 2019
- Tuesday, 27 August 2019
Intuit said recently it added more than 1 million subscribers of its QuickBooks Online software for the year ended July 31. The tax and accounting software issued the numbers as it reported a 17.2-percent rise in net income on an 11.9-percent increase in revenue over fiscal 2018.
Security Summit Reports New Scam
- Tuesday, 27 August 2019
The Internal Revenue Service and its Security Summit partners are warning of a new IRS impersonation campaign. Emailers posing as IRS representatives have been sending messages with phrases such as "Automatic Income Tax Reminder" or "Electronic Tax Return Reminder."
Georgia Preparer Faces 22 Years
- Tuesday, 20 August 2019
A Columbus, Ga., tax preparer has pleaded guilty to charges of federal wire fraud and identity theft. Kevan Walker, 33, of Columbus, faces a sentence of 20 years for wire fraud and a mandatory two-year sentence for ID theft.
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