Latest news with #Instead
Yahoo
15 hours ago
- Business
- Yahoo
Instead Launches Tax Reports – Maximizing Savings for Individuals and Businesses
SAN FRANCISCO, June 09, 2025 (GLOBE NEWSWIRE) -- Instead, a pioneering tax management platform, today announces the official launch of its game-changing AI-driven tax reports, designed to transform how business owners and individuals make tax decisions and maximize tax savings. Instead's platform empowers users to get ahead of tax deadlines by transforming reactive filing into proactive financial strategy. By harnessing artificial intelligence to analyze every line of the tax return, users uncover eligible tax strategies and missed opportunities. Reports include: Tax Return Analysis Report – Reveals tax-saving opportunities in tax returns for individuals (1040) and businesses (Schedule C, E, F, 1120, 1120S, 1065). Tax Plan Report – Provides a real-time summary and action list of all tax strategies across all entities in a tax year. This includes potential and actual savings, summaries for each tax strategy, and IRS and court case references. Tax Strategy Reports – One for every tax strategy, complete with detailed calculations of deductions and credits, supporting documentation, and an actionable plan including common pitfalls and steps to file. Every report is designed for clarity, compliance, and confidence and is backed by detailed calculations and real-time updates to support your final tax return. Instead users can invite their tax professional to collaborate on tax strategies or search the directory of firms who support the Instead platform and offer tax planning and advisory. All tools are built to ensure users and their advisors can maximize tax savings together with transparency and ease. 'We are excited to bring our users the future of smart, effective decisions when it comes to filing taxes,' states Andrew Argue, CPA and CEO and co-founder of Instead. 'With Instead, users can easily uncover and implement tax strategies and opportunities that will save them money and have the transparent calculations to support a tax return. And this is just the beginning…we have some exciting things on our roadmap and look forward to sharing them very soon!' A free trial is available. For more information or to sign up, visit About InsteadInstead ( is revolutionizing tax management as the first company in decades to receive IRS and state approvals to file individual, business, trust and estate returns. The platform uses AI to analyze tax returns, identify missed opportunities, and implement tax-saving strategies with supporting documentation. Starting at $16/month, Instead helps individuals, businesses, and tax professionals save tens to hundreds of thousands on taxes through intelligent tax analysis rather than last-minute filing. Media ContactVicki LaBrosseEdge Marketing for InsteadVlabrosse@
Yahoo
21-05-2025
- Business
- Yahoo
Instead Releases Bill Analysis For Trump's 'One Big Beautiful Bill'
The 'One, Big, Beautiful Bill' analysis makes complex tax and legislative documents accessible SAN FRANCISCO, May 21, 2025 (GLOBE NEWSWIRE) -- Instead, a pioneering tax management platform, today announces the release of its analysis of the recent tax bill making its way through Congress. Through the 'One, Big, Beautiful Bill' analysis, Instead is giving taxpayers and professionals a clear and structured breakdown of even the most complex bills, saving hours of research and ensuring taxpayers and professionals stay ahead of fast-moving tax and compliance changes. With the new bill analysis report, you can: Instantly access a unified, organized summary of every section in the legislative bill, highlighting what matters most for tax planning and compliance. Quickly identify critical provisions, risks, and opportunities for taxpayers and professionals without having to dig through dense legal text. Enable efficient collaboration with taxpayers and their tax advisors to analyze proposed changes and share practical insights. 'Taxpayers and tax professionals are under constant pressure to keep up with changing legislation, interpret complicated tax bills, and make smart tax decisions in the face of massive changes in the tax law,' stated Andrew Argue, CEO and co-founder of Instead. 'With this bill analysis we are making individual and business tax provisions easier than ever to understand and implement.' Instead's analysis of the 'One, Big, Beautiful Bill' is now available. About InsteadInstead ( is revolutionizing tax management as the first company in decades to receive IRS and state approvals to file individual, business, trust and estate returns. The platform uses AI to analyze tax returns, identify missed opportunities, and implement tax-saving strategies with supporting documentation. Starting at $16/month, Instead helps individuals, businesses, and tax professionals save tens to hundreds of thousands on taxes through intelligent tax analysis rather than last-minute filing. Media ContactVicki LaBrosseEdge Marketing for Insteadvlabrosse@ in to access your portfolio
Yahoo
20-05-2025
- Business
- Yahoo
IRIS Software Group Announces Strategic Investment in AI Powered Tax Management Platform, Instead
NEW YORK, May 20, 2025 /CNW/ -- IRIS Software Group (IRIS), a leading global provider of accountancy, HR, and payroll software, has made a minority investment in Instead, an AI-powered tax platform helping accountants automate tax preparation and shift their focus from compliance to strategic advisory. By streamlining routine tasks and providing the tools to deliver deeper insights, Instead frees up time for firms to offer higher-value services. This significant minority investment marks a major step in IRIS's commitment to transforming the business of accountancy through intelligent automation, while also enabling Instead to accelerate product development and expand its sales and marketing capabilities. "Our investment in Instead marks an important step in supporting meaningful innovation in the market, for the benefit of US customers" said Jim Dunham, President and General Manager of IRIS Americas. "It positions IRIS at the forefront of innovation and underscores our mission to serve the accountancy market. Instead represents the first true disruption in individual and corporate tax since 1993, and this partnership accelerates the delivery of smarter, more accessible solutions for firms across the profession. It's a game changer." Instead's platform analyzes tax returns, implements savings strategies, and facilitates the filing of both federal and state tax returns. Powered by agentic and generative AI, the platform aims to automate over 90% of the tax preparation process. In a major industry milestone, Instead became the first new platform in decades to earn IRS approval to e-file individual and business tax forms, including 1040, 1041, 1120, 1120S, and 1065. The company is now rapidly expanding its reach, actively securing authorization across all U.S. states and major U.S. cities to offer truly nationwide filing. "This investment from IRIS enables us to accelerate our mission - bringing AI-powered tax preparation and planning to the mainstream," said Andrew Argue, CEO of Instead. "We're proud to be leading the way in transforming tax work for firms, simplifying compliance, boosting accuracy, and freeing professionals to focus on higher-value advisory." As part of the agreement, IRIS and Instead will work closely to foster innovation, exchange insights, and apply AI-driven solutions to real customer challenges. By combining deep domain expertise and complementary capabilities, the partnership creates a powerful foundation to accelerate product development, challenge conventional thinking, and drive advancement across the tax and accounting ecosystem. About IRIS Americas IRIS Americas, part of IRIS Software Group, works with thousands of CPA firms including 58 of the top 100 CPA firms and 91 of the top 250 CPA firms in the U.S. Its payroll and HCM solutions serve more than 150,000 small to medium sized businesses (SMBs) and processes $18 billion in payroll payments annually for more than 1.1 million North American employees every month. Over the past decade, IRIS Americas has acquired 13 North American-based brands including: Swipeclock, IRIS Star Practice Management, IRIS FMP, IRIS Innervision, IRIS Practice Engine, PSI Payroll, AccountantsWorld, MyPay, Conarc, Cavu, SourceOne, and Payroll Data Processing. About IRIS Software Group Founded in 1978, IRIS Software Group is a global provider of mission critical, cloud-hosted software solutions and services to more than 100,000 customers across 135 countries. IRIS is a trusted partner to businesses, finance, HR and payroll teams, educational organizations, and accountancy firms of all sizes, providing innovative operational solutions that streamline complex processes, maintain compliance, and unlock growth. Through simplifying, automating and providing insights on everyday mission critical tasks for organizations of all shapes and sizes, IRIS ensures customers can look forward with certainty and confidence. IRIS is certified as a 2024 Great Place to Work® in the UK, Ireland, India, Romania, Canada and the USA. Follow IRIS on Facebook, Twitter, Instagram and LinkedIn. More information on its award-winning software solutions can be found here. About Instead Launched in June 2023, Instead ( is revolutionizing tax management as the first company in decades to receive IRS and state approvals to file individual, business, trust and estate returns. The platform uses AI to analyze tax returns, identify missed opportunities, and implement tax-saving strategies with supporting documentation. Starting at $16/month, Instead helps individuals, businesses, and tax professionals save tens to hundreds of thousands on taxes through intelligent tax analysis rather than last-minute filing. Logo: View original content to download multimedia: SOURCE IRIS Software Group View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-05-2025
- Business
- Yahoo
IRIS Software Group Announces Strategic Investment in AI Powered Tax Management Platform, Instead
NEW YORK, May 20, 2025 /CNW/ -- IRIS Software Group (IRIS), a leading global provider of accountancy, HR, and payroll software, has made a minority investment in Instead, an AI-powered tax platform helping accountants automate tax preparation and shift their focus from compliance to strategic advisory. By streamlining routine tasks and providing the tools to deliver deeper insights, Instead frees up time for firms to offer higher-value services. This significant minority investment marks a major step in IRIS's commitment to transforming the business of accountancy through intelligent automation, while also enabling Instead to accelerate product development and expand its sales and marketing capabilities. "Our investment in Instead marks an important step in supporting meaningful innovation in the market, for the benefit of US customers" said Jim Dunham, President and General Manager of IRIS Americas. "It positions IRIS at the forefront of innovation and underscores our mission to serve the accountancy market. Instead represents the first true disruption in individual and corporate tax since 1993, and this partnership accelerates the delivery of smarter, more accessible solutions for firms across the profession. It's a game changer." Instead's platform analyzes tax returns, implements savings strategies, and facilitates the filing of both federal and state tax returns. Powered by agentic and generative AI, the platform aims to automate over 90% of the tax preparation process. In a major industry milestone, Instead became the first new platform in decades to earn IRS approval to e-file individual and business tax forms, including 1040, 1041, 1120, 1120S, and 1065. The company is now rapidly expanding its reach, actively securing authorization across all U.S. states and major U.S. cities to offer truly nationwide filing. "This investment from IRIS enables us to accelerate our mission - bringing AI-powered tax preparation and planning to the mainstream," said Andrew Argue, CEO of Instead. "We're proud to be leading the way in transforming tax work for firms, simplifying compliance, boosting accuracy, and freeing professionals to focus on higher-value advisory." As part of the agreement, IRIS and Instead will work closely to foster innovation, exchange insights, and apply AI-driven solutions to real customer challenges. By combining deep domain expertise and complementary capabilities, the partnership creates a powerful foundation to accelerate product development, challenge conventional thinking, and drive advancement across the tax and accounting ecosystem. About IRIS Americas IRIS Americas, part of IRIS Software Group, works with thousands of CPA firms including 58 of the top 100 CPA firms and 91 of the top 250 CPA firms in the U.S. Its payroll and HCM solutions serve more than 150,000 small to medium sized businesses (SMBs) and processes $18 billion in payroll payments annually for more than 1.1 million North American employees every month. Over the past decade, IRIS Americas has acquired 13 North American-based brands including: Swipeclock, IRIS Star Practice Management, IRIS FMP, IRIS Innervision, IRIS Practice Engine, PSI Payroll, AccountantsWorld, MyPay, Conarc, Cavu, SourceOne, and Payroll Data Processing. About IRIS Software Group Founded in 1978, IRIS Software Group is a global provider of mission critical, cloud-hosted software solutions and services to more than 100,000 customers across 135 countries. IRIS is a trusted partner to businesses, finance, HR and payroll teams, educational organizations, and accountancy firms of all sizes, providing innovative operational solutions that streamline complex processes, maintain compliance, and unlock growth. Through simplifying, automating and providing insights on everyday mission critical tasks for organizations of all shapes and sizes, IRIS ensures customers can look forward with certainty and confidence. IRIS is certified as a 2024 Great Place to Work® in the UK, Ireland, India, Romania, Canada and the USA. Follow IRIS on Facebook, Twitter, Instagram and LinkedIn. More information on its award-winning software solutions can be found here. About Instead Launched in June 2023, Instead ( is revolutionizing tax management as the first company in decades to receive IRS and state approvals to file individual, business, trust and estate returns. The platform uses AI to analyze tax returns, identify missed opportunities, and implement tax-saving strategies with supporting documentation. Starting at $16/month, Instead helps individuals, businesses, and tax professionals save tens to hundreds of thousands on taxes through intelligent tax analysis rather than last-minute filing. Logo: View original content to download multimedia: SOURCE IRIS Software Group View original content to download multimedia:
Cision Canada
20-05-2025
- Business
- Cision Canada
IRIS Software Group Announces Strategic Investment in AI Powered Tax Management Platform, Instead
NEW YORK, May 20, 2025 /CNW/ -- IRIS Software Group (IRIS), a leading global provider of accountancy, HR, and payroll software, has made a minority investment in Instead, an AI-powered tax platform helping accountants automate tax preparation and shift their focus from compliance to strategic advisory. By streamlining routine tasks and providing the tools to deliver deeper insights, Instead frees up time for firms to offer higher-value services. This significant minority investment marks a major step in IRIS's commitment to transforming the business of accountancy through intelligent automation, while also enabling Instead to accelerate product development and expand its sales and marketing capabilities. "Our investment in Instead marks an important step in supporting meaningful innovation in the market, for the benefit of US customers" said Jim Dunham, President and General Manager of IRIS Americas. "It positions IRIS at the forefront of innovation and underscores our mission to serve the accountancy market. Instead represents the first true disruption in individual and corporate tax since 1993, and this partnership accelerates the delivery of smarter, more accessible solutions for firms across the profession. It's a game changer." Instead's platform analyzes tax returns, implements savings strategies, and facilitates the filing of both federal and state tax returns. Powered by agentic and generative AI, the platform aims to automate over 90% of the tax preparation process. In a major industry milestone, Instead became the first new platform in decades to earn IRS approval to e-file individual and business tax forms, including 1040, 1041, 1120, 1120S, and 1065. The company is now rapidly expanding its reach, actively securing authorization across all U.S. states and major U.S. cities to offer truly nationwide filing. "This investment from IRIS enables us to accelerate our mission - bringing AI-powered tax preparation and planning to the mainstream," said Andrew Argue, CEO of Instead. "We're proud to be leading the way in transforming tax work for firms, simplifying compliance, boosting accuracy, and freeing professionals to focus on higher-value advisory." As part of the agreement, IRIS and Instead will work closely to foster innovation, exchange insights, and apply AI-driven solutions to real customer challenges. By combining deep domain expertise and complementary capabilities, the partnership creates a powerful foundation to accelerate product development, challenge conventional thinking, and drive advancement across the tax and accounting ecosystem. About IRIS Americas IRIS Americas, part of IRIS Software Group, works with thousands of CPA firms including 58 of the top 100 CPA firms and 91 of the top 250 CPA firms in the U.S. Its payroll and HCM solutions serve more than 150,000 small to medium sized businesses (SMBs) and processes $18 billion in payroll payments annually for more than 1.1 million North American employees every month. Over the past decade, IRIS Americas has acquired 13 North American-based brands including: Swipeclock, IRIS Star Practice Management, IRIS FMP, IRIS Innervision, IRIS Practice Engine, PSI Payroll, AccountantsWorld, MyPay, Conarc, Cavu, SourceOne, and Payroll Data Processing. About IRIS Software Group Founded in 1978, IRIS Software Group is a global provider of mission critical, cloud-hosted software solutions and services to more than 100,000 customers across 135 countries. IRIS is a trusted partner to businesses, finance, HR and payroll teams, educational organizations, and accountancy firms of all sizes, providing innovative operational solutions that streamline complex processes, maintain compliance, and unlock growth. Through simplifying, automating and providing insights on everyday mission critical tasks for organizations of all shapes and sizes, IRIS ensures customers can look forward with certainty and confidence. IRIS is certified as a 2024 Great Place to Work® in the UK, Ireland, India, Romania, Canada and the USA. Follow IRIS on Facebook, Twitter, Instagram and LinkedIn. More information on its award-winning software solutions can be found here. About Instead Launched in June 2023, Instead ( is revolutionizing tax management as the first company in decades to receive IRS and state approvals to file individual, business, trust and estate returns. The platform uses AI to analyze tax returns, identify missed opportunities, and implement tax-saving strategies with supporting documentation. Starting at $16/month, Instead helps individuals, businesses, and tax professionals save tens to hundreds of thousands on taxes through intelligent tax analysis rather than last-minute filing.
