Tech news: Intuit guarantees tax refunds 5 days early

Intuit announced its TurboTax product guarantees that federal tax refunds will be delivered five days early no matter the filer's banking institution. For a $25 flat fee, TurboTax delivers the refund into any U.S. bank account in the customer's name, whether they file through TurboTax or Credit Karma. Refunds are guaranteed to be delivered at least five days early into a customer's bank account of choice or customers will not be charged the five-day early fee. Intuit will also continue to offer the option to deposit a federal refund into a Credit Karma Money account delivered up to five days early, for no additional cost. An Intuit spokesperson declined to elaborate on how this program worked specifically and how it was able to guarantee refunds five days early. This program is a separate offering from the company's existing no fee, no interest loan for filers, who can receive up to $4,000 delivered in as little as 60 seconds after IRS acceptance of their tax filing into a Credit Karma Money account.

Accounting and business solutions provider IRIS announced an expansion to its IRIS Firm Management solution that, among other things, enhances the software's document management capacities (see previous story). IRIS IFM's integrated document management solution allows for storing, organizing and retrieving critical documents, for compliance with complex regulatory requirements. Today's update also allows the solution to automatically retain documents for standard periods of time; provides template forms to maintain document consistency and integrity; and produces a detailed audit trail — tracking who accessed which documents and any actions taken, and when. This means firms can securely share encrypted files with clients using drag-and-drop upload functionality. There were additional enhancements to report generation, user interface and customization. 

Business and tech consultancy Net at Work has acquired the Sage and Acumatica practices of accounting and ERP product reseller and developer e2b teknologies (see previous story.) As a Sage and Acumatica Authorized Developer, e2b teknologies will continue to provide value-added custom application solutions for the Acumatica and Sage ecosystem. … Audit and accounting data solutions provider Caseware announced the acquisition of Atlanta-based SaaS provider LeaseJava (see previous story.) This is Caseware's eighth acquisition since Hg Capital acquired majority ownership in late 2020. A Caseware spokesperson said current customers of LeaseJava will still be able to use the software they've been using. Meanwhile, Caseware customers will be able to purchase it in the coming months. Caseware is in the process of evaluating continued application of the LeaseJava branding relative to future product plans.