Tax prep software

Legislators want to know how much Intuit makes off of low- and middle-income filers, and how many Intuit employees previously worked for federal agencies.

The Internal Revenue Service has contracted with Ripcord, a startup company that does robotic digitization of documents and records, to pilot test a program to digitize filings of Form 709.

The U.S. Federal Trade Commission has filed suit accusing TurboTax of overstating just how free its free filing options are, though Intuit denies the charge and said it will fight the case.

A recent study found that people who prefer to use DIY tax software prioritize cost while those who prefer paid preparers prioritize accuracy.

The maker of TurboTax software reduced its fiscal second-quarter revenue forecast on a “slower forming tax season.”

Sasan Goodarzi warned that Americans who invested in speculative assets like Bitcoin or nonfungible token could be dumbfounded at this year’s tax bill.

The Internal Revenue Service made its Free File program available on Friday, allowing taxpayers who earn less than $73,000 in adjusted gross income to start preparing and filing their tax returns for free.

The tax prep chain is looking to compete in the online tax prep space against H&R Block and Intuit.

Bloomberg Tax has added new features to the Tax Provision product it acquired last year from Tax Prodigy.

The vast majority of tax and finance leaders see a need for improved technology and data skills in their employees, according to a new international survey.

Tax leaders are concentrating on recruiting and training new and existing talent this year, while emphasizing personal development and health and wellness in order to attract and retain good people.

Members may also be able to get their refunds early.

The company is rolling out improvements to ProConnect Tax Online, ProSeries and Lacerte ahead of the coming tax season.

At its recent user conference, the company previewed some of its upcoming products and unveiled some new partnerships, along with a delay of its Onvio cloud software.

Infrastructure and crypto; how pros would tackle tax policy; withholdings and non-resident employees; and other highlights from our favorite tax bloggers.

The deal expands the reach of the tax compliance software company into real and personal property taxes.

Katz, Sapper & Miller acquired Noble Consulting Services; Herbein + Co. bought Tubiello-Harr & Associates; Armanino to merge in Holtzman Partners; and Avalara acquired Track1099.

Jasteck users will transition to Greatland’s Yearli platform.

With today’s business environment forcing companies to always be in a state of flux, the tax landscape will only become more complex.

The company automates all aspects of cryptocurrency tax compliance, and is looking at a valuation north of $1 billion.