The decision was announced by Blucora, which owns TaxAct. Blucora has retained an executive search firm to find a replacement for Kintztel who has been on the job for five years.

Blucora is a company that has been dramatically remade over the last few months. In December it acquired H.D. Vest, which is bigger than the Tax Act operations. It is also divesting businesses other than TaxAct it had before H.D. Vest acquisition.

Shortly after the decision about the president's job, Blucora said it reached an agreement to sell its InfoSpace operations to InfoSpace Holdings, a subsidiary of OpenMail. The OpenMail operation is paying $45 million in cash for all of the InfoSpace assets and the assumption of specified liabilities.