The Progressive Accountant

Jackson Hewitt Won't Meet RAL Deadline

Jackson Hewitt logoJackson Hewitt Tax Service said today that it is unlikely to find a lender to fund half of its refund anticipation loan business for the upcoming tax season before a bank-imposed deadline. However, while failure to do so would constitute a default on its $375 million credit facility, the tax preparation company received a week extension on a key deadline and believes it will be let off the hook for default.

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Intuit's Financial Services VP Resigns

 

Sasan GoodarziSasan Goodarzi resigned his position as SVP and general manager of Intuit Financial Services, a post he has held for slightly more than three years. Goodarzi resigned effective December 10 to take the position of CEO at Nexant, a privately held firm in the clean energy industry. Intuit has named CeCe Morken as VP and GM of the division Read more...

SmartVault Adds Portals in Version 3.2

SmartVault logoSmartVault 3.2 puts the online document management vendor into the portal business and has an option that enables firms to brand client portals. The new version also makes it easier for other developers to integrate their products with the application. "The main new thing is SmartVault is that we are getting into the portal business," says CEO Eric Pulaski.

 

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