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Drake's owner to buy TaxAct

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#1
MikeH  
Posts:
82
Joined:
10-Jun-2014 3:00pm
Location:
Canyon Country CA
Sounds like they are only interested in the consumer side?

https://markets.businessinsider.com/new ... 57741?op=1
Mike Hartfield
Canyon Country, CA & Bullhead City, AZ
CPA in California
Office: 661/309-4681 Cell: 818/433-5359
 

#2
Derby  
Posts:
82
Joined:
10-Oct-2017 7:52am
Location:
Flint, MI
Ultimately reducing the total number of players in the tax software field.

I'm willing to pay more for better software (particularly more automatic interaction with the client). But if it gets too high the small guys will need to find a new solution.
 

#3
Posts:
2264
Joined:
24-Apr-2014 7:54am
Location:
Wisconsin
Interesting. They look to be trying to build a company to battle against Intuit.

I don't see this as good in the long-term for tax professionals, but I imagine it will be a boon for those who buy the consumer products.
 


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