Tax Prodigy
IT Services and IT ConsultingMinnesota, United States11-50 Employees
Tax Prodigy is a small to mid-sized IT services and IT consulting company focused on corporate income tax technology. Based in Minneapolis, Minnesota, its flagship product, Tax Prodigy Provision, supports the accounting for income taxes under ASC 740 by combining technical rigor with practical usability. The solution is aimed at corporate tax teams responsible for ASC 740 compliance, helping streamline the tax provision process. In the competitive IT services and tax-technology space, the company concentrates on delivering specialized software for corporate income tax needs. In August 2021, Bloomberg Industry Group announced the acquisition of Tax Prodigy, integrating the Minneapolis-based firm into its Bloomberg Tax & Accounting division. This development marks a shift in ownership while the product focus remains on ASC 740 compliance.