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The Progressive Accountant

Intuit Execs Get Bonuses

Brad Smith, IntuitIntuit's top executives have received bonuses for fiscal 2013, the first most have been awarded in three years. CEO Brad Smith recieved a $1.12 million bonus while CFO Neil Williams was granted $420,000 for last year. All of Intuit's named executives also received raises in base salary for fiscal 2013. Most did not receive bonuses in the 2011 or 2012 fiscal years.

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SEC Questions Delay Liberty Results

Liberty taxQuestions about franchise fee revenue recognition has caused JTH Holding, the parent of Liberty Tax Service, to delay the release of financial results for the year ended April 30. The company reported it has been in discussion with the staff and the SEC's Division of Corporation Finance about results for fiscal 2012 and the quarter ended January 31 this year.

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South Carolina Preparer Banned

dojA Charleston, S.C.-based tax preparer has been barred from preparing tax returns for others after he was accused of creating false copies of Form 1099 for customers. The action was taken against Stacy Middleton, who is also accused of creating fake income to enable clients to claim the Earned Income Tax Credit.

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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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