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The Progressive Accountant

Professionals Closing Tax Filing Gap

1040 ARTProfessionally prepared tax returns are closing the gap with the numbers filed in the 2013 tax season. While the number through February 28 lagged last year's total by 1.4 percent, the gap between 2013 and 2013 has narrowed significantly since the Internal Revenue Service began reporting statistics early in February. Meanwhile, the numbers received and processed continue to outstrip the totals through March 1, 2013.

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D.C. Preparer Faces 17 Count Indictment

irsA Washington D.C.-based tax preparer has been indicted for allegedly conspiring to defraud the Internal Revenue Service, aiding and assisting in the preparation of false individual income tax returns and filing false individual income tax returns. Sherri Davis, owner of 2FT Fast Facts Tax Service, faces a maximum of 53 years in prison and a fine of up to $4,250,000 if convicted on all 17 counts.

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Tax Season Delay Cuts Block Results

Bill Cobb, H&R BlockThe delayed tax season left H&R Block all dressed up with no place to go for the third quarter ended January 31 in terms of financial results. With only one day of filing reflected in the quarterly report, the company reported a steep rise in its loss and a sharp drop in revenue, compared to last year's corresponding quarter. During this week's earnings webcast, CEO Bill Cobb said that $277 million in revenue would shift to the current quarter.

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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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