Revenue for the tax preparation operations of Blucora rose by 17 percent for the second quarter ended June 30 and up 13 percent for the tax season. Blucora, parent of TaxAct, said the tax revenue reached $26.5 million for the most recently quarter, up from $22.7 million a year earlier.

Dan Maurer, SVP of Small Business Management Solutions, is retiring from Intuit after nearly nine years in executive roles. He will begin a transitional non-executive role tomorrow which will last through his retirement on August 26.

Money continues to pour into the low-end online accounting market. FreshBooks says it has raised $30 million in what it terms its first institutional venture capital round. The company said the fund will be used to fuel growth, including the expansion of its work force from 150 to 400 by 2016. The round was led by Oak Investment Partners with participation from Atlas Venture and Georgian Partners.