The Progressive  Accountant

The Progressive Accountant

NOLA Preparer Gets 36-Month Sentence

A former tax preparer in New Orleans, LA., has been sentenced to 36 months in prison for stealing refunds intended for others. The former preparer, Donald Stewart, 60, had previously pleaded guilty to one count of theft of public funds and one count of aggravated identity theft involved in his receiving $539,393 in federal income tax refunds intended for others.

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Zen Renamed Gusto

ZenPayroll has been renamed Gusto. The cloud-based company made the change as it added health benefits and workers' compensation services to its payroll line. In a letter on the Gusto website, the company's founders said the new services are integrated with payroll to that employers and employees can onboard and manage all forms of compensation in one product.

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Intuit Starts $100M Small Biz Loan Fund

Brad Smith, IntuitIntuit has launched a $100-million fund in partnership with OnDeck. The software company had been testing a loan program for small businesses, utilizing data from QuickBooks software to help customers improve their chances of obtaining loan approval. Interest rates on the new funds will range from 8.9 percent to 19.9 percent and will be funded in as little time as one business day.

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