H&R Block will not repeat its offer of free refund transfers, RACS, during the next tax season. And one reason is that probably that while the giveaway helped the tax services company gain market share it cost the company on the top and bottom line as income from tax services dropped by 34.7 percent and revenue fell by 1.7 percent for the year ended April 30.

Blackbaud has opened a new Accountant Referral program that is designed to reward members for referring client to use the company's Financial Edge fund accounting software. The program is currently aimed at CPAs although the Charleston, S.C.-based firm might consider opening it to all accountants.

Thomson Reuters has bid farewell to the TaxSimple line. Utilizing the technology it acquired with the purchase of that product in August 2010, Thomson has launched Agile, an Internet-based tax preparation application that is designed for the tax-only office.