Bob Scott

Bob Scott

AICPA Survey: Execs Still Glum on Economy

Sentiment has improved but business executives are still glum about the economy, according to the findings of the third-quarter AICPA Economic Outlook Survey. Although it was up from 20 percent last quarter only 24 percent of respondents were a optimistic about the economy for the next 12 months.

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Block: Definition of Assisted Is Changing

H&R Block reported results for a very unusual period for the first quarter ended July 31. The quarter reflected large number of returns filed during the extension of tax season to July 15. Executives also spoke of the redefinition of assisted tax preparation in market in which a hybrid approach to tax preparation is spreading.

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CPA Domain Name Launched

The domain name .cpa has begun rolling out. The restricted Internet domain from the American Institute of CPAs and CPA.com entered what the sponsors termed an “early-phase’ debut.

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