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Bob Scott

Bob Scott

AICPA: Repeal New 1099 Reporting

AICPA logoThe American Institute of CPAs has called on Congress to repeal a requirement that businesses making purchases of more than $600 in goods or services from another vendor would have to provide the vendor and the Internal Revenue Service with a Form 1099-Misc. The AICPA termed the requirement "burdensome."

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Intuit Rewarded Its Execs Well in 2010

Brad SmithIntuit rewarded its top executives with hefty increases in compensation for the year ended July 31 as the company handed out substantial increases in stock awards compared to the prior fiscal year. The amounts brought the execs much closer to the paythey earned for fiscal 2008. And CEO Brad Smith had a very good year as his $13.9 million in total compensation was more than three times what he got in 2009, the depths of the economic downturn.

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Showdown Week for RALs?

block logoThis week looms as critical for the continuing availability of refund anticipation loans as the nation's two largest tax preparation chains face decisions about their programs. The key events are a scheduled hearing on H&R Block's suit against HSBC Bank and Jackson Hewitt's deadline for informing its lenders about its ability to get funding for its refund loans for consumers.

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The Accounting Top 100 social media leaderboard ranks accounting professionals based on their overall presence, influence, and engagement on social media platforms. Each user’s rank is determined by that user’s Klout Score in addition to a list of custom metrics, and all updated rankings are displayed in new leaderboards generated every two weeks.

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Avalara’s Accounting Top 100 leaderboard (the “Leaderboard”) is assembled using a list of accounting professional users that’s curated by manual entry as well as by Rise.Global's internal Twitter search functionality. We reserve the right to change scoring metrics used for ranking and to exclude anyone from the list, in our sole discretion. The Leaderboard is not an endorsement, recommendation or sponsorship of any of the accounting professionals on the Leaderboard, and we do not make any representation or guarantee of their ability or reliability. Assessments by different methods or based on different information may yield different results. The Leaderboard is only a starting point to gather information about accounting professionals, and you should not rely on it to decide whether to hire an accounting professional.

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