H&R Block says the number of returns its stores have prepared grew by 6.7 percent through February 15, over returns filed for the same period a year ago. That came as the industry trend of rapidly increasing online filing of income tax returns continued. While retail returns rose by 2.1 percent for the reported period, digital returns increased by 16.7 percent.

McGladrey & Pullen has named Stan Mork to the newly created position of national IT transaction advisory services leader. Mork will focus on the sale and delivery of IT due diligence and related technology services for private equity firms and other strategic buyers. His team will provide transaction services to help clients grow and streamline their operations, working closely with the firm's financial and tax transaction advisory teams. Read more...

TaxAct is expected to have revenue of $36 million to $38 million when its new owner, InfoSpace, reports results for its first quarter ending March 31. That represents two months of revenue, since InfoSpace took ownership of the tax preparation software company. However, InfoSpace executives declined to get specific about performance until they have more time with the new business.