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Ernst and Young Acquires Mobile Tax Preparation Technology Startup TaxChat.

M2 EQUITYBITES-February 24, 2017-Ernst and Young Acquires Mobile Tax Preparation Technology Startup TaxChat

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24 February 2017 - UK-based professional services firm Ernst and Young LLP (EY) has acquired certain tax technology platform assets from mobile, on-demand tax preparation services startup TaxChat, LLC, the firm said.

TaxChat, LLC CEO and co-founder Steve Toy has joined the firm and is now a member of the EY Americas Tax Innovation Foundry, a group focused on building transformational new businesses within EY Americas firms.

Prior to TaxChat LLC, Steve Toy worked with Fareportal, Billboard, and Software Secure. He developed ancillary products, new revenue streams, enhanced sales, and helped transition older products and services into digital systems.

A veteran entrepreneur, he also co-founded Beema Inc., an agency that supported business transition into digital strategies through cutting-edge video-messaging and email products.

EY is a leader in assurance, tax, transaction and advisory services.

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Publication:M2 EquityBites (EQB)
Date:Feb 24, 2017
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