QX Accounting Services has integrated its ROBO1040 tax workflow automation platform with K1x, an AI-powered K-1 processing system. The integration allows CPA firms to automate K-1 data entry directly within their tax preparation workflows. The partnership connects K1x's extraction and validation capabilities with ROBO1040 through an API. K-1 PDFs uploaded to ROBO1040 are processed by K1x's AI, which digitises and validates data against IRS standards before returning structured information for tax software posting. The integration supports major tax platforms including GoSystem Tax RS, ProSeries, Lacerte, ProConnect, Drake, and UltraTax. According to the companies, the system reduces K-1 review time by 50% and accelerates 1040 preparation by 40%. K1x serves over 40,000 organisations worldwide, including 20 of the top 25 accounting firms. QX Accounting Services operates with over 3,500 professionals serving more than 500 CPA firms across the United States.

K1x appoints Ken Powell as COO, Chris Capko as CRO following growth investment. July 21, 2026 Ken Powell and Chris Capko K1x, an AI-native tax platform for private markets, has named Ken Powell as chief operating officer and Chris Capko as chief revenue officer as the company expands its leadership team following a $175 million growth investment led by Sumeru Equity Partners. The appointments are part of K1x's effort to scale its operations as it broadens its private markets tax platform through new product capabilities, strategic partnerships, and AI-driven automation. The company said the leadership changes are intended to strengthen execution across its product, operations, and commercial organizations as demand grows for modern tax data infrastructure. "Our recent growth investment gives us the opportunity to accelerate what we've been building for years," said John LaMancuso, CEO of K1x. "As we continue expanding our platform and investing in new capabilities, Ken and Chris bring the leadership we need to help us scale thoughtfully, strengthen the customer experience and continue building the platform customers rely on today and will rely on tomorrow." Powell, who previously served as K1x's chief revenue officer, will now oversee the company's operational strategy, including product and partner initiatives. In his new role as COO, he will focus on aligning product development and operational execution with the company's long-term growth strategy. Powell brings more than 30 years of leadership experience in enterprise software and financial technology, including roles at companies serving the accounting, private equity, and financial services sectors. "Innovation creates opportunity, but execution is what creates value," Powell said. "Our focus is on building the foundation that enables K1x to bring new capabilities to market while helping customers prepare for what's next in private market tax." Capko assumes responsibility for K1x's commercial organization, overseeing sales, customer success, account management, and marketing. The company said consolidating those functions under a single executive is intended to create a more integrated customer experience while supporting continued revenue growth. Capko has more than two decades of enterprise SaaS leadership experience, including senior positions at ADP, where he worked with private equity firms and their portfolio companies. "Our customers aren't just looking for software. They're looking for a partner that understands where the market is going," Capko said. "By bringing our commercial teams together around a shared focus on the customer, we'll continue helping firms navigate change while delivering the expertise and support they expect from K1x." The leadership appointments follow a period of expansion for K1x as it invests in AI-enabled tax automation and workflow management for institutional investors, accounting firms, and private market participants. The platform uses machine learning, generative AI, and agentic workflows to automate the extraction, validation, and distribution of tax data from K-1s, K-3s, and 1099 forms, while also supporting IRS-certified Form 990 electronic filings. K1x's vendor-neutral architecture is designed to allow tax data to move across firms, software platforms, investors, and tax authorities without being tied to a single technology ecosystem, supporting increasingly complex tax reporting workflows in private markets. The company recently was named one of Selling Power's 60 Best Companies to Sell For in 2026 for the second consecutive year, recognizing its investment in its commercial organization and workplace culture. K1x said its platform is used by more than 40,000 organizations, including 44 of the 100 largest U.S. institutional investors, 20 of the top 25 accounting firms, 11 leading private foundations, 45 of the nation's largest university endowments, and seven major U.S. health systems.

K1x, an AI-native private markets tax platform, has appointed Ken Powell as Chief Operating Officer and Chris Capko as Chief Revenue Officer. The moves follow K1x's recent $175 million growth investment led by Sumeru Equity Partners. Powell transitions from his previous role as Chief Revenue Officer to COO, where he will oversee product and partner strategy. He brings over 30 years of experience in enterprise software and financial technology. Capko will lead K1x's commercial organisation, including sales, customer success, and marketing. He has more than 20 years of commercial leadership experience in enterprise SaaS, including leadership roles at ADP. K1x's platform automates tax data extraction and validation from K-1s, K-3s, and 1099s. The company serves over 40,000 organisations, including major institutional investors and accounting firms.