Bob Scott
Tax Season Delay Shifts Intuit Revenue
- Monday, 25 May 2020
The extension of the income tax filing season from April 15 to July 15 removed a chunk of revenue from Intuit’s results for the third quarter ended April 30. Consumer tax revenue was off by 15 percent and professional tax revenue by 17.8 percent.
Paychex Sees Some Business Improvement
- Monday, 25 May 2020
Paychex has found its business stabilized or improved in some key areas in May. The company said recently despite the deterioration after mid-March, in the second half of April it saw some positive signs.
Survey: Corporate Tax Hiring Plans Plummet
- Sunday, 24 May 2020
Plans by nearly four in ten respondents before the COVID-19 outbreak to add staff have dropped to fewer than one in ten, according to a survey, "Initial Impact of the COVID-19 Virus", by Bloomberg Tax & Accounting. The preliminary results of the annual benchmark survey of corporate tax departments also found an increase in concern about cash management.
The Accounting Top 100
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