Tax Software news and trends

Xero Targets Taxes With Instafile Acquisition
B2B Payments // November 16, 2018

Cloud accounting software firm Xero is broadening its reach in the small business tax filing space through an acquisition of Instafile. ZDNet reported this week that Xero, based in New Zealand, will acquire U.K.-based Instafile to integrate its cloud-based tax preparation and filing solution. The company...

H&R Block Inks Tax Software Partnership With Walmart
Retail // January 17, 2018

Tax preparation firm H&R Block announced Tuesday (Jan. 16) that it would link up with megaretailer Walmart in what is being billed as an exclusive partnership, according to Globe Newswire reports. Under the terms of the deal, H&R Block will become the sole provider of tax software...

Ukraine’s M.E. Doc Facing Charges In Latest Cyberattack
Security & Fraud // July 04, 2017

M.E. Doc, the Ukrainian tax software company, is under investigation by Ukrainian police and will face charges over a global cyber epidemic. According to an AP news report, Col. Serhiy Demydiuk, head of the Ukraine’s national cyber police unit, said in an interview that M.E. Doc’s...

TaxSlayer Discloses Data Breach Details
Security & Fraud // February 08, 2016

It appears that TaxSlayer may have sustained a bit of a wound itself in the area of customer data security. On Jan. 29, the tax software preparation company notified about 8,800 individual customers that hackers may have accessed their accounts, reports The Wall Street Journal....

Quick Reads
Stimulus Checks May Be Held Up If Tax Prep Service Was Used

April 16, 2020
Despite instructions from U.S. Treasury Secretary Steven Mnuchin to fast-track stimulus payments to Americans, several million taxpayers are still waiting, according to The Washington Post. The Treasury has received complaints primarily from people who used H&R Block, TurboTax, and other tax software services and haven’t seen the money. It appears the IRS lacked their direct […]

H&R Block Inks Tax Software Partnership With Walmart

January 17, 2018
Tax preparation firm H&R Block announced Tuesday (Jan. 16) that it would link up with megaretailer Walmart in what is being billed as an exclusive partnership, according to Globe Newswire reports. Under...

Ukraine’s M.E. Doc Facing Charges In Latest Cyberattack

July 04, 2017
M.E. Doc, the Ukrainian tax software company, is under investigation by Ukrainian police and will face charges over a global cyber epidemic. According to an AP news report, Col. Serhiy Demydiuk,...

TaxSlayer Discloses Data Breach Details

February 08, 2016
It appears that TaxSlayer may have sustained a bit of a wound itself in the area of customer data security. On Jan. 29, the tax software preparation company notified about...