On January 2, 2025, Thomson Reuters announced that it has acquired SafeSend, a Michigan-based provider of cloud-native tax workflow software, for $600 million in cash. SafeSend, founded in 2008, serves U.S. accounting firms, including 70% of the top 500 firms, by automating tax return processes like assembly, e-signatures, and delivery. The acquisition aimed to enhance Thomson Reuters' tax solutions and improve efficiency for tax professionals and their clients. SafeSend was expected to generate $60 million in revenue in 2025, with annual growth exceeding 25%.