Intuit says it’s not out to take business away from bookkeepers through QuickBooks Live, which is being tested this month. In a recent tall hall hosted by Joe Woodard, Rich Preece, the SVP who leads Intuit’s Small Business and Self-Employed Group, said Intuit is not becoming a competitor by proposing this service.

Statistics for refunds plunged in the third weekly report issued by the Internal Revenue Service for this year's tax season The average refund, which was off by 9.2 percent in the prior report, fell 26.5 percent for the season ended February 15 from the comparable period ended Feb. 16, 2018.

Tax & Accounting led Wolters Kluwer in performance for the year ended December 31. It was the only one of four divisions to register revenue growth after currency and led the other units in organic revenue and in constant currencies, as the company reported results this week.