BobWScott

BobWScott

RANDOM THOUGHTS: THAT MASKED MAN

Ah summer. Who isn’t looking forward to the sounds of empty baseball stadiums, empty car racetrack stands, empty summer camps and empty summer schools?  It’s going to be a good year for people who like peace and quiet.

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TAX FILING DELAY COSTS INTUIT

The extension of the tax filing season from April 15 to July 15 produced 15-percent drop in Intuit’s consumer tax revenue for the third quarter ended April 30. That countered growth in its small business operations such as QuickBooks to cut into the bottom line and produced an 8.3-percent drop in revenue. 

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FLEXIBLE TERMS EMERGE AS TOOL

The challenges brought by the COVID-19 virus and business shutdowns and remote operations has put a focus on payment terms. While there is no consistent report from financial software vendors, formal and informal changes to payments are being offered by many to help cash-strapped customers.

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