Business Services Industry

Big Changes Will Affect Many Professionals.(TAX COMPLIANCE SUITES)

CPA Technology Advisor, The, April, 2007

Big Changes Will Affect Many Professionals

BY ISAAC M. O'BANNON, TECHNOLOGY EDITOR

The past 12 months have been the most dynamic period for the professional tax preparation market in several years. We've seen new technology developments in many of the programs, as well as blockbuster business deals that have left three major companies in charge of the tax software used by more than 80 percent of tax and accounting professionals.

WHAT'S IN A NAME?

On the business and brand side of things, two major acquisitions last year and one early this year have really changed the dynamics of the professional tax market. CCH, a Wolters Kluwer business, acquired TaxWise and ATX. By taking these two brands into its fold, CCH, which produces the...

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