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The Progressive Accountant

Tax Glitch to Stall 660K Federal Returns

oopsFirst Intuit, now Block? The Internal Revenue Service says a glitch in which it called a "limited number of software company products" affected about 660,000 returns that claimed educational credits. The problem could delay refunds by as much as six weeks. And while the IRS did not identify which software was involved, H&R Block has been informing customers about problems with Form 8863.

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Judge Nixes Block Bid to Ban Intuit Ads

Dan Maurer, IntuitA federal court has refused to grant a preliminary injunction that would halt airing of some Intuit television ads. The decision was issued by the U.S. District Court for Western Missouri regarding the action filed by H&R Block. The tax services chain alleged unlawful misuse of the H&R Block brand and trademark along with unfair disparagement of its tax professionals in TurboTax ads.

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Charges Hike SmartPros 2012 Loss

Allen Green, SmartProsThe write off of impaired goodwill for a subsidiary coupled with a charge that reduced its deferred tax asset pushed educational specialist SmartPros to a loss of $1.9 million for the year ended December 31. That compared to net income of $154,125 for 2011. Meanwhile, revenue for the recently ended year dropped to $15.9 million, down 6.4 percent from nearly $17 million for the prior year. Read more...

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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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