Tax prep 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.

Intuit has decided to leave the Free File Alliance after coming under criticism for making it difficult to access a truly free version of TurboTax.

The Internal Revenue Service has begun offering online Tax Pro Accounts that practitioners can use for submitting an authorization request to an individual client’s own taxes online with the IRS.

Bloomberg Tax & Accounting has improved the product to help multistate businesses with net operating losses across multiple states.

Anduin provides its billing solution to BDO firms, and TaxDome software updates improve e-sig capabilities.

The service plans to offer online Tax Pro Accounts in the third quarter of this year, on a timeline accelerated by the pandemic.

The Internal Revenue Service has changed the calculation for determining the $10,200 exclusion on unemployment benefits in the new pandemic relief package, allowing more taxpayers to qualify, but forcing tax software developers to update their programs.

PricewaterhouseCoopers is turning some of the digital tools it developed internally to train its staff into artificial intelligence products its clients can use in their finance departments.

Taxpayers who file through TurboTax can now opt to open a Credit Karma Money Spend account and have their tax refund sent there directly.

Cloud tax tech is imperative this year, with many preparers continuing to work in a remote setting due to the ongoing coronavirus pandemic.

TaxDome brings practice management, e-signature, secure file storage and more to TaxAct's tax prep software.

Major providers will offer an option for MFA, and the IRS strongly encourages users to take advantage of this added security measure.

Intuit Inc., the software company behind TurboTax and QuickBooks, won antitrust approval for its $7.1 billion takeover of personal finance website Credit Karma Inc.

Corvee, which recently rebranded from AccountingTax.com, has released a new tax planning software billed as able to help accountants plan proactively and strategically for their clients.