Sales of TurboTax Online and QuickBooks Online gave Intuit strong financial results for the second quarter ended January 31. The company says its consumer tax products gained market share, probably at the expense of tax stores, while more than 100,000 QBO subscribers were added during the three-month period.

The CCH Axcess online suite is doing well among large accounting firms, Nancy McKinstry, CEO of Wolters Kluwer, said in a recent earnings webcast. McKinstry made her comments as the company reported results for the year ended December 31. Wolters Kluwer reported an 11-percent drop in net profit, but a 17-percent rise in operating profit and a 15-percent increase in revenue for the most recently completed year.

Tangicloud, owned by Jay and Liesa Malik, the founders of Serenic Software, has purchased the OneNFP business unit from OneSoft Solutions. The Maliks are bringing the cloud-based nonprofit software group into the product line of their newest company. The deal brings them back into the NFP software market after several years' absence.