Bob Scott

Bob Scott

IRS Issues Jump as CPA Concerns

IRS againDealing with the Internal Revenue Service has become an increasing concern for CPA firms, according to a survey by the American Institute of CPAs and CIMA. That resulted from frustration with dealing with the IRS was the top challenge of firms with 10 or fewer professionals.

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TurboTax Extensions Doubled

Taxes with penThe number of extensions filed by TurboTax users doubled during the last filing season, Intuit EVP Varun Krishna said this month. Krishna said the rise came as the Internal Revenue Service reported a 50-percent increase  in extensions year over year.

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Wave Getting New CEO

Wave Financial, which markets small business accounting software, is changing CEOs effective July 1. CEO and cofounder, Kirk Simpson, is stepping down after 15 years in the position.Khoja Zahir

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