Although Wall Street like the fact that expense cutting boosted Jackson Hewitt's bottom line in the fourth quarter ended April 30, the company's top line dropped as revenue declined in every income segment. And the fiscal 2010 total of $213.8 million was 13.9 percent lower than the $248.3 million reported in fiscal 2009.

Version 9 of Imagine Time’s Practice Management Solutions incorporates a Document Management system module, whose setup wizard guides users through selections in order to customize folders. An integrated utility can scan tax records and save them to a specific folder or folders. Folders files can be dragged and dropped into client folders and keywords can be assigned at the same time for later retrieval.

Management turmoil at H&R Block escalated this week as CEO Russ Smyth resigned immediately from the role he had held at the tax services company for less than two years. That follows the departure this year of the company's chief financial officer and chief counsel. Block named Alan Bennett, who served as interim CEO in 2007 and 2008, to replace Smyth.