Bob Scott

Bob Scott

 Wave Chips in $10.9M for Block 2Q

Wave contributed $10.9 million in revenue for H&R Block for the second quarter ended October 31, Block said this week. It was the first complete quarter for Wave, which was purchased by the tax services company on July 1, and it represent a 40-percent increase in revenue over Wave’s year-earlier results.

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Liberty Tax Settles with Federal Agencies

The Franchise Group, the parent of Liberty Tax Service, will change its tax compliance program in order to end invesitgations by two federal agencies. The company this week also agreed to a three-year-oversight of the compliance program by an independent monitor.

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Canopy: New Funding, CEO, Focus

Canopy has secured new funding, hired a new CEO and emphasized its plans to development practice management software. And the company this week said its plans for marketing a tax preparation software package are delayed, not cancelled.

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