Thomson Reuters is preparing a limited release of its first Onvio Tax module. The company plans to hit the market by the end of the year with a 1041 module, released to what the company termed "a very small group of firms" with all entities ready for a tax season test.

Xero continues to make financial progress. It turned cash positive for the second half ended March 31, 2017. And for the half ended September 30, it reported EBITDA of about $14.7 million, compared to negative EBITDA of approximately $18 million in last's year's corresponding period.

Wolters Kluwer says revenue for the nine months ended September 30 was 5-percent higher than the corresponding period in 2016. Organic revenue was also 5 percent more than in the same period a year earlier as its health revenue led the company with a 6-percent year-over-year increase for period just reported.