Beneficial Corporation reorganizing tax software operation.WILMINGTON Wilmington. 1 City (1990 pop. 71,529), seat of New Castle co., NE Del., on the Delaware River and tributary streams, the Christina and the Brandywine; settled 1638, inc. as a city 1832. , Del.--(BUSINESS WIRE)--April 10, 1995--Beneficial Corporation today announced that as part of a reorganization of its electronic tax-filing operations, it will close the Irvine, Calif., tax software offices of FlashTax Inc., after the current tax season. Internal Revenue Service changes in the way it handles certain tax returns caused a significant drop in the number of people who filed electronically during this tax season, contributing to the decision to close FlashTax. Beneficial Tax Masters Inc., another subsidiary of Beneficial Corporation that offers electronic filing and related services, will continue to be a leading supplier of tax-related products. Beneficial Corporation of Wilmington, purchased FlashTax Inc., in 1990, when the company was known as Softek Systems Inc. Beneficial Corporation is a $14 billion, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Stock Exchange-listed financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. holding company. Subsidiaries of the company provide financial services through their various consumer finance, banking and insurance operations located throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada, the United Kingdom and Germany. The Beneficial finance system includes more than 1,000 offices offering products and services that meet a broad range of consumer credit needs, including credit-related insurance. CONTACT: Beneficial Corp. Robert Wade Robert Wade or Bob Wade is the name of several notable individuals:
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