Bob Scott

Bob Scott

Liberty Tax Revenue Falls, Profit Rises

Liberty Tax has reported a 64.9-percent on 14.6-percent drop in revenue for the first quarter ended March 31. The numbers were reported this week as discontinued operations by the parent the Franchise Group.

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TaxAct Federal Pricing Was Lowered

Blucora cut the pricing for its federal tax products for tax season 2021, the company said this week. It noted the action as it reported a 6.4-percent increase for its consumer tax business, but an 8.1-percent decline in its professional tax software sales

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CCH Tagetik, TeamMate Growth Strong

 Wolters Kluwer this week said its CCH Tagetik and TeamMate experienced double-digit growth in the first quarter ended March 31. In its trading update this week, the company also said, “In Professional Tax & Accounting, organic growth was muted” because of the delayed start to the tax season.

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