The Progressive Accountant

RSM McGladrey Posts $400K Loss, Revs Drop


RSM McGladrey had an operating loss of $400,000 in the first quarter ended July 31 compared to pre-tax income of $1.3 million a year earlier. Those numbers came as its parent H&R Bock reported its results for the quarter ended July 31. The accounting unit also saw revenue drop 1.6 percent to $174.7 million from $177.6 million. Read more...

Treasury to Pilot Refund Direct Deposit

treasury logo

WASHINGTON - The U.S. Department of the Treasury is planning a pilot program of direct deposit of tax refunds for low- and moderate-income individuals. It would enable them to open new accounts that can be accessed via debit cards.

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Intuit and Verizon Offer SMB Sites

Intuit logoMOUNTAIN VIEW, Calif. - Verizon Communication is offering small businesses a package of website services and Web marketing tools via technology from Intuit. That includes Verizon Websites utilizing Intuit applications and access to the Intuit Web Listings services.

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