Block Acquires New River Innovation, Discontinuing Beyond415


H&R Block recently completed an acquisition of New River Innovation, developer of tax-issue resolution software Beyond415.

Greensboro, N.C.-based New River Innovation will become a part of the H&R Block organization and will no longer offer Beyond415 commercially, according to a statement from Block.

The announcement comes on the heels of the news that Xero and H&R Block formed a strategic alliance to offer Xero as the core small business online accounting platform in Block’s Small Business Program suite of services.

Founded in 2009, New River launched the Software-as-a-Service product Beyond415 in 2011 to help tax professionals solve their clients’ post-filing tax issues.

CEO and co-founder Alan Neely and vice president of product development Jim Buttonow expressed gratitude for customer support in an online message and included the following information to help with the transition:

•    Account access will continue as normal through May 22, 2014
•    Any time remaining on a subscription term as of that date will be refunded
•    Easy data extraction will be available via one file download
•    The customer support team will be available to help with the transition

More information is also available in New River Innovation's Q&A section.

Comments (2)
The way I read the article, it seems that HRB will make the software proprietary to HRB tax pros. I don't read that it will be available to anyone outside of the HRB organization. I work for HRB and there is a lot going on in the company. It will be interesting to see what they do over the off-season.
Posted by elaborde | Monday, May 12 2014 at 8:28AM ET
Will H & R Block continue to make Beyond 415 available to the practitioner ?
Posted by pbrown | Friday, May 09 2014 at 6:51PM ET
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