IRIS Software Group Announces Strategic Investment in AI-Powered Tax Management Platform, Instead
Summary
By streamlining routine tasks and providing the tools to deliver deeper insights, Instead frees up time for firms to offer higher-value services. 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. 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. 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.