Thomson Reuters has finalized a $600 million acquisition of SafeSend, a tax automation company based in Ann Arbor, Michigan. Founded in 2008, SafeSend offers a cloud-based platform that simplifies the management of financial documents for tax professionals. The acquisition aims to enhance Thomson Reuters' existing tax solutions by integrating SafeSend's technology, which is already utilized by 70% of the top 100 U.S. accountancy firms. SafeSend's recent launch of an AI product, SafeSend One, further aligns with Thomson Reuters' strategy to streamline tax workflows.