Thomson Reuters has released the latest version of its property tax software.

SunGard has released a new version of its VPM portfolio accounting solution for hedge funds.

Intuit is releasing a Software as a Service version of its ProLine Tax software, making it available over the Internet like the company’s consumer-oriented TurboTax.

Doc.It has released the latest version of its document management software with new features for next tax season.

On my first trip to India over six years ago, I witnessed innovative tax return processing strategies. These involve concepts foreign to many tax partners and staff involved in the preparation of individual and business tax returns.

INTACCT CHOOSES NEW CEO

As the accounting profession continues to evolve toward a paperless or less-paper environment, a host of challenges, particularly with regard to managing and protecting client data, will emerge, according to experts.

Forensic accounting firm Hagen, Streiff, Newton & Oshiro, has added Guidance Software’s EnCase Portable and Field Intelligence Model software to its practice.

Greatland, a national provider of W-2 and 1099 products, has launched speedEfiler, an online reporting tool for small and midsized businesses.

The Receivables Exchange, an online marketplace for trading accounts receivable, is connecting with Ariba’s spend management system.

Esker has released its Esker on Demand Accounts Payable system for businesses running SAP.

KPMG is partnering with Guidance Software to offer services that use Guidance’s EnCase eDiscovery software with KPMG’s forensic technology services.

Intuit has sold its real estate management software business to Vista Equity Partners for approximately $128 million in cash.

KPMG and Thomson Reuters are partnering to help companies improve their governance, risk and compliance processes via Paisley GRC software.

Web-based software developer Intacct is offering customers of Canton, Mass-based revenue and billing software provider Softrax Corp. six months of free service of its cloud financial applications.

Enterprise content manager Treeno Software has launched an integration module for the users of Intuit’s QuickBooks.

CaseWare IDEA and Houston-based Audimation Services have launched SymSure for IDEA continuous auditing and monitoring risk management software.

Thomson Reuters has introduced software to help corporate tax departments integrate the financial reporting and accounting data they need for preparing the tax footnote in an annual report with their corporate tax return data.

Citing drops in its core QuickBooks revenue and typical “seasonal” losses during the first quarter, Intuit Inc. posted a loss of $68 million versus $52 million for the prior year for the period ended October 31.

NetSuite has integrated Media, Pa.-based Aria Systems’ billing functionality, which was developed using NetSuite’s SuiteCloud technology.