H&R Block said that Wave revenue grew by 30 percent for the third quarter ended January 31. The tax services company made the comments during an earnings webcast.

The filing of tax returns continues to catch up with the 2020 season. The number of returns filed through March 5 were down by 18.1 from the corresponding period ended March 6, 2020, an improvement for being 23.7 percent behind last year in the prior weekly filing report.

AbacusNext, which markets practice management software, has been acquired by Thomas Lee Partners. Terms of the deal, in which the private equity firm purchased a majority stake from PSG, another private equity firm, were not announced.