The Internal Revenue Service says the destruction of 30 million paper information returns will not impact taxpayers or preparers. The IRS has been heavily criticized this month for the destruction of the returns, mainly Form 1099s, which the agency blamed on aging technology.

Xero’s subscriptions in North America increased by 19.9 percent for the year ended March 31. The company this month also noted revenue on the continent rose 28 percent year-over-year, 31 percent in constant currency.

A Salem, Mass.-based tax preparer, who sought multiple government loans, has drawn five years in prison this month. Roosevelt Fernandez, had pled guilty to two counts of wire fraud and one count of aggravated id entity theft.