The Progressive Accountant

The Progressive Accountant

QBO Adds 1M Subs in FY 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.

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Security Summit Reports New Scam

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."

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Canopy Hires Product VP

Canopy has hired Larry Furr as VP of product, the company said this week. In his new job, Furr will oversee the strategy, management, and design of Canopy’s suite of products and chart Canopy’s product roadmap.

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