The second time may be the charm for H&R Block which has reached an agreement to sell its own H&R Block Bank to Bofi Federal Bank. Last year, Block had a deal to sell the operation to Republic Bank but that Louisville, Ky.-based operation dropped the idea when it could not get regulatory approvals. Block expects the deal will close before the 2015 tax season.

CCH's Site Builder now integrates with Pay Pal which CCH says provide efficiently in collecting payments. The website construction software also offers new mobile-ready website designs which the company describes as offering clear, vivid displays on mobile devices.

A crackdown on identity theft in southern Florida has resulted in indictments of 25 individuals. These include three paid tax preparers, along with other individuals who obtained EFINs in order to efile phony returns. The indictments say those accused trafficked tens of thousands of stolen identities in order to get tax refunds from the Internal Revenue Service.