Bob Scott

Bob Scott

IRS Releases Draft 1065 and K-1

The Intenal Revenue Service has released a draft of the tax year 2019 Form 1065 and its accompanying Schedule K-1. The agency said changes made to the documents are designed to improve the quality of information reported by partnerships.


ADP Compensation Changes Hefty

Automatic Data Processing handed out significant increases to three current and one former executive for the year ended June 30. CEO Carlos Rodriguez’s income topped $19 million, an increase of 52.1 percent from $12.5 million for the prior fiscal year.


QBO Adding Mileage Tracking

Mileage tracking is being added to QuickBooks Online. Intuit said recently the feature, available previously in QB Self-Employed, will be rolled out gradually with all users having access “in the next several months.”


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