Tax prep software

The Internal Revenue Service is launching an investigation of the Free File program amid complaints that tax software companies are making it difficult for qualified taxpayers to access free tax prep software, as Los Angeles and New York State also take action.

Senator Elizabeth Warren and other lawmakers asked the Internal Revenue Service and the Federal Trade Commission to investigate whether tax preparation companies are hiding their free services by manipulating search engines.

The 2017 tax law had no discernible impact on consumer tax filing patterns or the market share of tax prep vendors, according to a new report from Moody’s Investors Service.

The tax and accounting software maker reported a 5 percent increase in TurboTax units sold this tax season compared to last year, thanks to a 7 percent increase in TurboTax Online sales.

Data from advertising company Exponential found that walk-in tax preparation is more popular with older generations, while young people are more likely to file their taxes online or with tax prep software.

Based on cryptocurrency tax guidelines specified by IRS, anyone making cryptocurrency profits has to pay taxes.

Gusto names CSO, Vertex integrates with Elastic Path, Panaya releases tool for Oracle E-Business Suite.

The fast-growing practice management and tax software company laid off over 40 percent of its staff over the weekend.

The software provider recently alerted Vermont that a cybercriminal had gained access to a state resident's account.

Another possible sign of problems stemming from the new tax law may be showing up in the software developer's results.