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.