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Unveiling the Fast-Paced Shifts in U.S. Accounting Standards
Explore the latest shifts in U.S. accounting standards led by FASB, focusing on revenue recognition and lease accounting. Learn what these changes mean for businesses. Read more...
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Intuit Seeks Accountant Council Members
Intuit has openings on the Intuit QuickBooks Accountant Council for positions starting in June. The software… Read more...

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Intuit Tests Bookkeeping Prices
Intuit has launched a test of pricing for QuickBooks Live Bookkeeping. The company said in… Read more...
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Unveiling the Fast-Paced Shifts in U.S. Accounting Standards

How Accountants Can Help Small Businesses Thrive in 2025: Lessons from 18,000 Entrepreneurs

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Running a Firm
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Navigating the Transition: Embracing Remote Solutions in Accounting Firms
Explore how accounting firms are embracing remote solutions, leveraging cloud technology, and enhancing client trust in the evolving digital landscape. Read more...
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Written by Mary Ellen Biery

How to Discourage Client Price Shopping
Do clients ever tell you they've priced-shopped your services? Do they ever leave with no… Read more...

Written by Ira S. Rosenbloom

Tax Season "Sanity": A Catalyst for Success
We would all agree that there is no such thing as an easy tax season.… Read more...
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Navigating the Transition: Embracing Remote Solutions in Accounting Firms

Adopting Remote Work: A Strategic Advantage for Modern Accounting Firms

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Tech
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Navigating the Future: The Rise of Automated Accounting Software
Discover the impact of automated accounting software on the accounting industry. Explore how technology is enhancing efficiency and accuracy in financial data processing. Read more...
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Written by The Progressive Accountant

Microsoft Extends XP Anti-Virus Support
Microsoft has given users of its Windows XP operating system more time to adjust to… Read more...

Written by Richard Oppenheim CPA

Financial Apps on your Mobile Phones
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Navigating the Future: The Rise of Automated Accounting Software

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Tax
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Navigating Tax Compliance Challenges in the Post-Pandemic Era
Explore the challenges business face in tax compliance amidst evolving regulations post-pandemic, with insights from leading advisory firms. Read more...
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Navigating Tax Compliance Challenges in the Post-Pandemic Era
Explore the challenges business face in tax compliance amidst evolving regulations post-pandemic, with insights from… Read more...

Written by The Progressive Accountant

Navigating the R&D Tax Credit: Recent Developments and Implications for Businesses
Explore recent developments in the R&D Tax Credit and how they impact businesses investing in… Read more...
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Sales Tax & Compliance
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Navigating the Evolving Landscape of Sales Tax Compliance
Explore the evolving landscape of sales tax compliance in the digital economy, focusing on economic nexus, state regulations, and technology advancements for remote sellers. Read more...
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Written by Patrick O'Leary

How Sales Tax Impacts Company Growth Interview with Jerome Kaiser, Chief Financial Officer, SeneGence International
Patrick O’Leary, Associate Publisher, PMG360 recently sat down with Jerome Kaiser, CPA and CFO of… Read more...

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Navigating the Evolving Landscape of Sales Tax Compliance

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Navigating the Complex World of Sales Tax in the Digital Age

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People & Moves
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The Changing Dynamics of Accounting Leadership in Modern Firms
Explore how leadership dynamics in accounting firms are changing due to technology and diversity trends, with insights into modern strategies and tools shaping the industry's future. Read more...
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Written by The Progressive Accountant

Weaver Promotes Names Six New Partners
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Written by The Progressive Accountant

TaxAct Parent Names CEO
Blucora, which owns the TaxAct software line, has named John Clendening as president and CEO… Read more...
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The Changing Dynamics of Accounting Leadership in Modern Firms

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IRS Names Appeals Chief

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Special Reports
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Special Report: How AI Is Reshaping Payroll
How AI Is Reshaping Payroll: What Every Business Needs to Know The 2025 Payroll Special Report explores how artificial intelligence is revolutionizing payroll—transforming it from a back-office function into a strategic powerhouse. Discover how AI is enabling greater efficiency, accuracy, and compliance while unlocking real-time insights and cost-saving automation. With insights from industry leaders at ADP, Paychex, KPMG, and more,…
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Written by Chris Fraser CPA.CITP

2009 Tax Preparation Software Review
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Written by Geni Whitehouse CPA.CITP, CSPM

REVIEW: Fixed Asset Software
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TaxAct Parent Paid Owners Well

Thursday, 19 April 2012

News

2SS Holdings, the company that owned the TaxAct software line, was an extremely profitable operation that paid its owners large dividends. And perhaps that explains why after the courts blocked its sale to H&R Block, the company was quickly snapped up by InfoSpace in January. For the year ended September 30, the company had operating margins of 43.6 percent and that was down from more than 49 percent for each of the prior fiscal years.

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