Intuit#Current products of Intuit Canada

The company was founded in 1983 by Scott Cook and Tom Proulx in Palo Alto, California.{{cite web |url=http://www.intuit.com/about_intuit/press_room/fast_facts/ |title=Company Fast Facts |publisher=Intuit |access-date=2012-01-27 |url-status=dead |archive-url=https://web.archive.org/web/20080914211131/http://www.intuit.com/about_intuit/press_room/fast_facts/ |archive-date=2008-09-14 }}{{Cite web|title=QuickBooks-Maker Intuit Plans To Invest In Indian Startup Ecosystem|url=https://inc42.com/buzz/quickbooks-maker-intuit-looks-to-tap-indian-startup-ecosystem|date=2018-11-09|website=Inc42 Media|language=en-US|access-date=2020-05-06}}{{Cite web|title=8 San Diego Brands Explain How They Made It to the Top|url=https://www.sandiegomagazine.com/features/8-san-diego-brands-explain-how-they-made-it-to-the-top/article_e12c6d99-67d9-5294-bea9-cb3bedea6982.html|website=San Diego Magazine|date=24 January 2020 |language=en|access-date=2020-05-06}}{{Cite web|title=Scott Cook to Address HBS Graduating Class|url=https://www.harvardmagazine.com/2015/03/scott-cook-to-speak-at-hbs|date=2015-03-31|website=Harvard Magazine|language=en|access-date=2020-05-06}}

Intuit was conceived by Scott Cook, whose prior work at Procter & Gamble helped him realize that personal computers would lend themselves towards replacements for paper-and-pencil based personal accounting.{{cite web|last=Heiserman |first=Hewitt |url=https://www.amazon.com/gp/reader/1591391369 |title=Inside Intuit book Excerpt – Chapter 1 |publisher=Amazon.com |access-date=2012-01-27}} On his quest to find a programmer, he ended up running into Tom Proulx at Stanford University. The two started Intuit, which initially operated out of a modest room on University Avenue in Palo Alto. The first version of Quicken was coded in Microsoft's BASIC programming language for the IBM PC and UCSD Pascal for the Apple II by Tom Proulx and had to contend with a dozen serious competitors.

In 1991, Microsoft decided to produce a competitor to Quicken called Microsoft Money. To win retailers' loyalty, Intuit included a US$15 rebate coupon, redeemable on software that customers purchased in their stores. This was the first time a software company offered a rebate.{{Cite web |date=November 2, 2003 |title=How Intuit bested Microsoft |url=http://news.com.com/2030-1012_3-5100925.html |archive-url=https://web.archive.org/web/20031204023149/http://news.com.com/2030-1012_3-5100925.html |archive-date=December 4, 2003 |access-date=June 18, 2025|website=News.com|url-status=dead|language=en}}{{Cite web |last=Fried |first=Ina |date=June 11, 2009 |title=How Intuit managed to hold off Microsoft |url=https://www.cnet.com/news/how-intuit-managed-to-hold-off-microsoft/ |publisher=CNET News|archive-url=https://web.archive.org/web/20090730022822/http://news.cnet.com/8301-13860_3-10262344-56.html|archive-date=July 30, 2009|url-status=dead|access-date=June 18, 2025}}{{Cite book |url=https://books.google.com/books?id=lRs_4U43UcEC |title=Inside Intuit: How the Makers of Quicken Beat Microsoft and Revolutionized an Entire Industry |isbn=9781591391364 |last1=Taylor |first1=Suzanne E |last2=Schroeder |first2=Kathy |year=2003 |publisher=Harvard Business School Press}} Around the same time, the company engaged John Doerr of Kleiner Perkins and diversified its product lineup.

On March 12, 1993, Intuit (ticker symbol: INTU) went public with an initial public offering (IPO) at the National Association of Securities Dealers' NASDAQ stock exchange. The proceeds were used to make a key acquisition: the tax-preparation software company Chipsoft based in San Diego.{{Cite web |last=Groves |first=Martha |date=1993-09-02 |title=Intuit, Chipsoft Agree to Merge in $225-Million Deal |url=https://www.latimes.com/archives/la-xpm-1993-09-02-fi-30906-story.html |access-date=2024-07-12 |website=Los Angeles Times |language=en-US}} The time after the IPO was marked by rapid growth and culminated with a buyout offer from Microsoft in 1994; at this time Intuit's market capitalization reached US$2 billion.{{Cite news |last=Fisher |first=Lawrence M. |date=1994-10-14 |title=Microsoft in $1.5 Billion Deal to Acquire Intuit |url=https://www.nytimes.com/1994/10/14/business/microsoft-in-1.5-billion-deal-to-acquire-intuit.html |access-date=2024-07-12 |work=The New York Times |language=en-US |issn=0362-4331}} However, the United States Department of Justice sued to block the acquisition.{{Cite web |last=Pitta |first=Julie |date=1995-05-21 |title=Microsoft Calls Off Deal to Purchase Intuit : Merger: U.S. had sued to block acquisition of software maker. Gates said he did not want a long court fight. |url=https://www.latimes.com/archives/la-xpm-1995-05-21-mn-4463-story.html |access-date=2024-07-12 |website=Los Angeles Times |language=en-US}}

The company came under intense pressure in the late 1990s when Microsoft started to compete vigorously with its core Quicken business.{{Cite news |last=Corcoran |first=Elizabeth |date=21 May 1995 |title=MICROSOFT HALTS MERGER WITH INTUIT |url=https://www.washingtonpost.com/archive/politics/1995/05/21/microsoft-halts-merger-with-intuit/dcfe213d-5dec-4c75-8f19-3d08fd575a30/ |access-date=2022-01-07 |newspaper=Washington Post |language=en-US |issn=0190-8286}} In response, Intuit launched new web-based products and put more emphasis on QuickBooks and on TurboTax. The company made a number of investments around this time. Among others, it purchased a large stake in Excite{{Cite news |last= |date=1997-06-12 |title=INTUIT TO PAY $40 MILLION FOR 19% STAKE IN EXCITE |url=https://www.nytimes.com/1997/06/12/business/intuit-to-pay-40-million-for-19-stake-in-excite.html |access-date=2024-07-12 |work=The New York Times |language=en-US |issn=0362-4331}} and acquired Lacerte Software, a Dallas-based developer of tax preparation software used by tax professionals. {{Cite magazine |last= |date=May 18, 1998 |title=Intuit Buys Tax Software Maker |url=https://www.wired.com/1998/05/intuit-buys-tax-software-maker/ |access-date=2024-07-12 |magazine=Wired |language=en-US |issn=1059-1028}} It also divested its online bill payment service unit in exchange for an equity stake in CheckFree.{{Cite web |last=David |first=Einstein |date=September 17, 1996 |title=Intuit Will Sell Online Bank Unit / CheckFree to buy for $268 million in stock |url=https://www.ctinsider.com/business/article/intuit-will-sell-online-bank-unit-checkfree-to-2965870.php |access-date=July 11, 2024 |website=CT Insider}}

In June 2013, Intuit announced it would sell its financial services unit to private equity firm Thoma Bravo for $1.03 billion.{{cite news | url=https://www.reuters.com/article/us-intuit-reorganization-idUSBRE9600LV20130701 | title=Intuit to sell financial services unit for $1 billion | first=Aman | last=Shah | publisher=Reuters | date=1 July 2013 | access-date=1 July 2017 | archive-date=16 December 2013 | archive-url=https://web.archive.org/web/20131216203229/http://www.reuters.com/article/2013/07/01/us-intuit-reorganization-idUSBRE9600LV20130701 | url-status=live }}

As of May 2018, Intuit had more than US$5 billion in annual revenue and a market capitalization of about US$50 billion.{{Citation needed|date=May 2020}} In August 2018, the company announced that Sasan Goodarzi would become Intuit's leader and CEO at the beginning of 2019. Previous CEO Brad Smith will remain chairman of Intuit's board of directors.{{cite news |date=23 Aug 2018 |title=Intuit Announces Leadership Succession Plans |url=https://investors.intuit.com/news/news-details/2018/Intuit-Announces-Leadership-Succession-Plans/default.aspx}}{{Cite web |title=Sasan Goodarzi - Chief Executive Officer {{!}} Intuit |url=https://www.intuit.com/company/executives/sasan-goodarzi/ |access-date=2024-07-12 |website=www.intuit.com |language=en}} In August 2020, Intuit QuickBooks Canada was expected to reveal intentions to partner with Digital Main Street, as the company aims to help digitally turn Canadian small businesses.{{Cite web|date=13 August 2020|title=INTUIT CANADA JOINS DIGITAL MAIN STREET TO SUPPORT SMALL BUSINESSES WITH DIGITAL TRANSFORMATION|url=https://betakit.com/intuit-canada-joins-digital-main-street-to-support-small-businesses-with-digital-transformation/|access-date=23 August 2020|website=betakit}}

In July 2024, Intuit announced it would lay off 1,800 employees, or 10% of its workforce, in order to refocus resources on generative AI initiatives.{{Cite web |last=Estrada |first=Sheryl |date=July 10, 2024 |title=Exclusive: Intuit is laying off 1,800 employees due to AI transformation |url=https://fortune.com/2024/07/10/intuit-layoffs-email-hiring-ai-transformation/ |access-date=2024-07-11 |website=Fortune |language=en}}

Intuit formerly offered a free online service called TurboTax Free File as well as a similarly named service called TurboTax Free Edition which is not free for most users. TurboTax Free File was developed as part of an agreement whereby members of the Free File Alliance would offer tax preparation for individuals below an income threshold for free in exchange for the IRS not providing taxpayers with free pre-filled forms.{{Cite web|url=https://www.propublica.org/article/turbotax-just-tricked-you-into-paying-to-file-your-taxes|title=Here's How TurboTax Just Tricked You Into Paying to File Your Taxes|last=Justin Elliott|first=Lucas Waldron|date=2019-04-22|website=ProPublica|language=en|access-date=2019-04-22}} In 2019, investigations by ProPublica found that Intuit deliberately steered taxpayers from the free TurboTax Free File to the paid TurboTax Free Edition using tactics including search engine delisting and a deceptive discount targeted to members of the military. Subsequent investigations by the Senate Committee on Homeland Security and Governmental Affairs and the New York State Department of Financial Services reached similar conclusions, the latter concluding that Intuit engaged in "unfair and abusive practices".{{cite report|author=New York State Department of Financial Services |author-link=New York State Department of Financial Services |date=2020 |title=Report on Investigation of Free Tax Preparation and Filing Services |url=https://www.dfs.ny.gov/system/files/documents/2020/07/tax_preparer_investigation_report_20200714.pdf}}{{Cite web|url=https://www.propublica.org/article/turbotax-and-h-r-block-used-unfair-and-abusive-practices-state-regulator-finds|title=New York Regulator Launches Investigation Into TurboTax Maker Intuit and H&R Block|last=Elliott|first=Justin|date=2020-07-15|website=ProPublica|language=en|access-date=2021-02-25}}{{cite report |author=United States Senate Homeland Security Permanent Subcommittee on Investigations |author-link=United States Senate Homeland Security Permanent Subcommittee on Investigations |date=2020 |title=IRS Oversight of the Free File Program |url=https://www.documentcloud.org/documents/6939865-PSI-Staff-Memo-Free-File.html}}{{Cite web|url=https://www.propublica.org/article/senate-investigation-criticizes-the-irs-for-failing-to-oversee-free-filing-program|title=Senate Investigation Criticizes the IRS for Failing to Oversee Free Filing Program|last=Elliott|first=Justin|date=2020-06-09|website=ProPublica|language=en|access-date=2021-02-25}}

As of 2022, Intuit is the subject of multiple lawsuits and is under investigation by the FTC and several state attorneys general.{{Cite web|url=https://www.propublica.org/article/turbotax-tricked-customers-into-paying-to-file-taxes-now-several-states-are-investigating-it|title=TurboTax Tricked Customers Into Paying to File Taxes. Now Several States Are Investigating It.|last=Elliott|first=Justin|date=2019-12-19|website=ProPublica|language=en|access-date=2019-12-30}}{{Cite web|url=https://www.propublica.org/article/the-ftc-is-investigating-intuit-over-turbotax-practices|title=The FTC Is Investigating Intuit Over TurboTax Practices|last=Elliott|first=Justin|date=2020-09-08|website=ProPublica|language=en|access-date=2021-02-25}} On May 4, 2022, Intuit agreed to pay a $141 million settlement over misleading advertisements.{{cite news|title=Intuit to pay $141M settlement over 'free' TurboTax ads|url=https://apnews.com/article/technology-business-new-york-united-states-personal-taxes-2427cfbc220382ca89ac992f6dde8030|work=Associated Press|date=May 4, 2022}}

CEO Sasan Goodarzi oversees all products in all countries.

;TurboTax

:Offered in Basic, Standard, Premier, and Home & Business versions, as well as TurboTax 20 for preparing multiple returns.{{Cite web|url=https://turbotax.intuit.ca/tax-software/index.jsp|title=Canada's #1 Income Tax Software. File for Free! | TurboTax® 2020 Canada|website=turbotax.intuit.ca}}

;QuickBooks

:Small business accounting and financial management software, offered in EasyStart, Pro, and Premier versions.

;QuickBooks Online

:Web-based accounting software designed for companies to review business financials through live data and insights to help make clear business decisions.

;

:

;ProConnect

:Professional tax products, including ProConnect Tax Online, Lacerte, ProSeries Professional, ProSeries Basic, and EasyAcct.

;Credit Karma

:Access to credit scores, reports, and monitoring. As of 2024, Credit Karma as includes the personal account capabilities of former Intuit Mint. {{Cite web |title=Some Mint features are moving to Credit Karma |url=https://www.creditkarma.com/lp/mint-to-credit-karma-net-worth |access-date=2024-06-04 |website=Intuit Credit Karma |language=en-US}}

;QuickBooks Commerce

:Open platform that consolidate sales channels into a central hub for product-based small businesses.{{Cite web|last=Gagliordi|first=Natalie|title=Intuit launches new QuickBooks Commerce platform|url=https://www.zdnet.com/article/intuit-launches-new-quickbooks-commerce-platform/|access-date=2020-09-23|website=ZDNet|language=en}}

;Intuit Prosperity Hub Program{{cite web|url=https://www.intuit.com/company/corporate-responsibility/prosperity-hub/|title=Prosperity Hub Program|access-date=28 April 2024}}

: Empowering local economies by creating new job opportunities, preparing students for jobs of the future and supporting small businesses. (which includes the SaverLife Solutions platform{{cite web |title=Intuit Prosperity Hub Program Generates 2,200 Jobs and $123 Million Annual Economic Activity for Communities in Need |url=https://www.intuit.com/blog/social-responsibility/intuit-prosperity-hub-program-generates-2200-jobs-and-123-million-annual-economic-activity-for-communities-in-need/ |website=intuit.com |date=15 October 2020 |publisher=Intuit |access-date=29 March 2021 |last1=Team |first1=Intuit Blog }})

;Mailchimp

:E-mail marketing platform.

Intuit Canada ULC, an indirect wholly owned subsidiary of Intuit, is a developer of financial management and tax preparation software for personal finance and small business accounting. Services are delivered on a variety of platforms including application software, software connected to services, software as a service, platform as a service and mobile applications. Intuit Canada has employees located all across Canada, with offices in Edmonton, Alberta, and Toronto, Ontario.

Intuit Canada traces its origins to the 1993 acquisition by Intuit of a Canadian tax preparation software developer. In 1992, Edmontonians and University of Alberta graduates Bruce Johnson and Chad Frederick had built a tax preparation product called WINTAX – Canada's first{{Citation needed|date=January 2008}} Microsoft Windows-based personal tax preparation software. In 1993, they agreed to be acquired by Chipsoft, manufacturer of the U.S. personal income tax software TurboTax. Shortly after the WINTAX acquisition, Chipsoft agreed to merge with Intuit, the developer of the Quicken financial software.{{cite web |first=Rick |last=Pilger |url=http://www.expressnews.ualberta.ca/article.cfm?id=320 |title=A taxing success story |date=2001-07-09 |work=Express News |publisher=University of Alberta |access-date=2008-01-10 |url-status=dead |archive-url=https://web.archive.org/web/20080615083202/http://www.expressnews.ualberta.ca/article.cfm?id=320 |archive-date=2008-06-15 }} Intuit Canada continued to update and support the WINTAX software, which was renamed QuickTax in 1995 and then renamed TurboTax in 2010. Intuit Canada quickly became the hub for international development at Intuit, producing localized versions of Quicken and QuickBooks for Canada (in French and English) and the United Kingdom. The U.K. version of Quicken was discontinued in 2005.{{cite web|url=http://www.quicken.co.uk/index.html |title=Important notice for Quicken Users |work=quicken.co.uk |publisher=Intuit Limited |access-date=2008-01-10 |archive-url=https://web.archive.org/web/20071213124622/http://www.quicken.co.uk/index.html |archive-date=2007-12-13 |url-status=dead }}

• TurboTax (formerly QuickTax) – offered in Basic, Standard, Premier, and Home & Business versions, as well as TurboTax 20 for preparing multiple returns.
• {{lang|fr|TurboImpôt}} (formerly {{lang|fr|ImpôtRapide}}) – French-language version of TurboTax – offered in de base, de luxe, premier and particuliers et entreprises versions.
• TurboTax online – Online versions of Free, Student, Standard, Premier and Home & Business.
• {{lang|fr|TurboImpôt en ligne}} (formerly {{lang|fr|ImpôtRapide en ligne}}) – Online versions of {{lang|fr|TurboImpôt}} gratuit, étudiant, de luxe, premier and particuliers et entreprises.
• SnapTax – an iPhone app that allows users to complete their income tax return on their iPhone
• TurboTax Refund Calculator – an iPad app that estimates tax returns and illustrates how changes, such as having a baby, can impact your income tax return
• QuickBooks – Small business accounting and financial management software, offered in EasyStart, Pro and Premier versions.
• QuickBooks Payroll Solutions – extends QuickBooks Pro and Premier into an in-house payroll.
• Intuit Merchant Service for QuickBooks – lets you process credit and debit transactions directly in any version of QuickBooks.
• QuickBooks Enterprise Solutions – for midsized companies that require more capacity, functionality and support than is offered by traditional small business accounting software; includes QuickBooks Payroll.
• QuickBooks Online – an online small business accounting and financial management software, offered in EasyStart, Essentials, and Plus versions.
• Intuit GoPayment – process and receive payments on the go through your mobile device.
• {{lang|fr|QuickBooks Succès PME}} – French-language version of QuickBooks, offered in Succès PME, Succès PME Pro, and Succès PME Premier versions
• QuickBooks Succès PME Service de paie – French-language version of the Payroll Solutions
• ProFile Basic and Premier Editions – Professional Tax Preparation Packages

• TaxWiz – Tax preparation software – the company purchased in 2002, discontinued in 2007.{{Cite web |title=TaxWise® Tax Preparation Software |url=https://www.wolterskluwer.com/en/solutions/taxwise |access-date=2022-10-22 |website=www.wolterskluwer.com |language=en}}
• WillExpert – A software package for preparing personal wills (for use within all of Canada with the exception of Quebec, due to specific provincial legislation).

In 2008, Intuit Canada discontinued the TaxWiz software and added QuickTax Basic to their lineup. Changes made by the Canada Revenue Agency forced Intuit and other tax preparing software companies to limit the number of returns available from their software to 20. This caused Intuit Canada to stop offering QuickTax Pro50 and Pro100 products, and they now offer QuickTax 20 as an alternative. Intuit Canada has since announced that for the 2010 tax year, they will discontinue use of the name QuickTax and replace it with the name TurboTax – thus bringing the product in line with Intuit's American tax-filing software.{{cite web|title=2009.quicktaxonline.com|url=https://2009.quicktaxonline.ca/help/main?c=collection_en&_swlg=en&pid=4&tid=d_turbo_tax_rebrand&stepId=&pu=0&mode=PROFILENOTCOMPLETED&br=intuit}}{{Dead link|date=January 2020 |bot=InternetArchiveBot |fix-attempted=yes }}

{{Infobox company

| name = Intuit India

| logo =

| type = Private

| industry = Software company

| founded = {{start date and age|2005}}

| founder =

| defunct =

| hq_location_city = Bangalore

| hq_location_country = India

| area_served =

| key_people =

| products =

| owner =

| num_employees = 500+

| num_employees_year =

| parent =

| website = {{URL|www.intuit.com/in/}}

}}

Intuit India is a fully-owned subsidiary of Intuit, Inc.. Located in the southern city of Bangalore, the India office was started in April 2005. Currently it has more than 500 employees. It is one of the two development centers of Intuit outside the USA, along with Intuit Canada.

A 26 July 2007 Techwhack article (among others) said Intuit-India would expand in international markets, including India, China, Russia, and Brazil. Nilesh Thakker, country manager for India, said there was huge opportunity in these nations. Intuit India is working on point-of-sale software for the Indian market and considering hosted versions of products in India, including online banking services for banks.{{cite web | url=http://business.techwhack.com/2777-intuit-india | archive-url=https://web.archive.org/web/20080829111205/http://business.techwhack.com/2777-intuit-india | archive-date=29 August 2008 | title=Intuit to expand in international markets including India }}

In Dec 2009, Intuit Inc. and Web 18's moneycontrol.com announced to provide Personal Finance Management Solutions in India and they signed a three-year partnership to provide a new financial management tool to Indian consumers on India's leading financial portal moneycontrol.com.[http://www.moneycontrol.com/intuitmoneymanager/press_intuit_launch.php Intuit Money Manager Launched in India]

In January 2010, Intuit India released Intuit Money Manager, the company's first financial software product developed specifically for consumers in India. The web-based Intuit Money Manager is an innovative personal finance tool.[http://www.moneycontrol.com/intuitmoneymanager/press_intuit_web18.php Intuit and Web 18’s www.moneycontrol.com to Provide Personal Finance Management Solutions in India]{{cite web|url=http://www.moneycontrol.com/news/business/intuit-money-manager-launchedindia_435351.html|title=Intuit Money Manager launched in India|date=Jan 13, 2010|publisher=Moneycontrol.com|accessdate=6 May 2013}} This portal aggregated information from multiple bank accounts and credit card accounts. Once connected the portal tracked transactions across bank accounts, credit cards and loan transactions and balances through an interface.

Intuit Money Manager's beta version was launched through MoneyControl in the last week of August 2009. The product was then relaunched in Jan 2011 in partnership with ICICI Bank. In 2013, ICICI Bank replaced Intuit Money Manager with Yodlee's MoneyCenter which is branded as "My Money from ICICI".{{Source needed|date=May 2024}}

• Intuit India has been ranked No.1 in the "India's Best Companies to Work For – 2017" list, and ranked No. 1 in the Information Technology category.{{Cite web|url=http://digitalterminal.in/news/intuit-ranked-1-in-indias-best-companies-to-work-for-2017/10039.html|title=Intuit Ranked #1 in India's Best Companies to Work For 2017|website=digitalterminal.in|date=5 July 2017 |language=en-gb|access-date=2017-10-27}}
• It has also been recognized as one of the best companies in the Employee Wellness and Employer Branding categories (2017).

Intuit has had several online communities, some of which offer integration or cross-sells into its other products. These include the QuickBooks and TurboTax online communities for QuickBooks users and small business owners and tax payers respectively, Quicken Online Community for Quicken users and those who need help with the personal finances, and the Accountant Online Community and Jump Up. These communities have consisted of blogs, an expert locator map and event calendar, forums and discussion groups, podcasts, videocasts and webinars, and other user-created content.{{Cite web |last=Campbell |first=Anita |date=2006-07-17 |title=JumpUp - A New Site for Startups |url=https://smallbiztrends.com/2006/07/jackrabbit-a-new-site-for-startups.html |access-date=2023-06-04 |website=Small Business Trends |language=en-us}}

JumpUp (formerly JackRabbit Beta) was a free social networking and resources site for small business owners and/or start-ups. Free tools and services included an interactive business planner, online training for developing a successful business plan, starting costs calculator, cash flow calculator, break-even calculator, templates for business planning and sample business plans.{{citation needed|date=December 2021}}

TaxAlmanac was a free online tax research resource. The site included information including the Internal Revenue Code, Treasury Regulations, Tax Court Cases, and a variety of articles. This site was up for closure but due to massive feedback, has reminded up. It has however been archived since June 2014, meaning the existing content can be accessed and viewed but no new posts or comments can be made after this archival.{{Cite web |title=TaxAlmanac |url=http://www.taxalmanac.org/index.php/Main_Page.html |access-date=2023-06-04 |website=www.taxalmanac.org}}

Modeled after English Wikipedia, TaxAlmanac was launched in May 2005. The June 6, 2005 edition of Time magazine featured an article entitled "It's a Wiki, Wiki World"{{cite magazine |url=http://www.time.com/time/magazine/article/0,9171,1066904,00.html |archive-url=https://web.archive.org/web/20050531010007/http://www.time.com/time/magazine/article/0,9171,1066904,00.html |url-status=dead |archive-date=May 31, 2005 |title=It's a Wiki, Wiki World. |magazine=Time |date=2005-05-29 |first=Chris |last=Taylor |access-date=2007-06-13 }} about English Wikipedia in which TaxAlmanac was highlighted as "A Community of Customers". The November 21, 2005 edition of Business Week{{cite web |url=http://www.businessweek.com/magazine/content/05_47/b3960414.htm |archive-url=https://web.archive.org/web/20060209051206/http://www.businessweek.com/magazine/content/05_47/b3960414.htm |url-status=dead |archive-date=February 9, 2006 |title=The Web Smart 50 |date=2005-11-21 |access-date=2007-06-13 }} featured an article titled "50 Smart Ways to Use the Web" in which TaxAlmanac was selected as one of the 50. The product made the short list as one of the 7 in the collaboration category. Intuit archives TaxAlmanac effective June 1, 2014.{{cite web |quote=The TaxAlmanac.org website will be going offline permanently on 6/1/14. The groups responsible for maintaining the content on this website are no longer able to provide the required maintenance and updates necessary to maintain the website's on-going integrity. |url=http://www.taxalmanac.org/ |title=TaxAlmanac Main Page |access-date=2021-09-07 |archive-date=2008-07-23 |archive-url=https://web.archive.org/web/20080723161348/http://taxalmanac.org/ |url-status=dead }} Many of the users have migrated to a new site called TaxProTalk.com.{{cite web|url=https://accountants-community.intuit.com/questions/904294-taxalmanac-is-closing-but-it-s-been-replaced-by-taxprotalk-com |archive-url=https://web.archive.org/web/20150430114112/https://accountants-community.intuit.com/questions/904294-taxalmanac-is-closing-but-it-s-been-replaced-by-taxprotalk-com |archive-date=30 April 2015 |title=Taxalmanic is closing but it's been replaced by taxprotalk.com}}

Zipingo was a free website where users could rate services such as contractors, restaurants, and other businesses. Ratings and comments were either entered from the website or through Quicken and QuickBooks. The site was closed by Intuit on August 23, 2007.Zipingo. "[http://zipingo.typepad.com/my_weblog/2007/08/so-long-for-now.html So long for now. Zipingo's Last Hurrah on August 23, 2007]." Aug 16, 2007. Retrieved March 31, 2017.

For the fiscal year 2021, Intuit reported earnings of US$2.062 billion, with an annual revenue of US$9.633 billion, an increase of 25.4% over the previous fiscal cycle. Intuit's shares traded at over $498.18 per share and total international net revenue was less than 5% of total net revenue.

In 1993, Intuit acquired Chipsoft, a tax preparation software company based in San Diego.{{Cite web |last=Groves |first=Martha |date=1993-09-02 |title=Intuit, Chipsoft Agree to Merge in $225-Million Deal |url=https://www.latimes.com/archives/la-xpm-1993-09-02-fi-30906-story.html |access-date=2024-07-10 |website=Los Angeles Times |language=en-US}}

In 1994, the firm acquired the tax preparation software division of Best Programs of Reston, VA.{{cite web|url=http://2014taxes.org/best-sells-tax-unit/|title=Best sells tax unit. (Best Programs Inc., sold to Intuit Inc.) (Mergers/Acquisitions/Alliances)|website=2014 Taxes To 2015 Taxes|date=3 February 2014|access-date=7 June 2015}} In the same year, Intuit acquired Parsons Technology from Bob Parsons for $64 million."Form:10-Q". SEC Edgar Filing Information. 1996-06-12. Retrieved 2006-06-02{{Cite web |title=Justice Department Will Not Challenge Tax Software Company Acquisition |url=https://www.justice.gov/archive/opa/pr/Pre_96/September94/552.txt.html |access-date=2024-07-10 |website=www.justice.gov}}

In 1996, it acquired GALT Technologies, Inc of Pittsburgh, PA.{{cite news| url=http://findarticles.com/p/articles/mi_m0EIN/is_1996_Sept_9/ai_18658633/ | work=Business Wire | title=Intuit completes acquisition of GALT Technologies | year=1996}}

In 1998, it acquired Lacerte Software Corp., which now operates as an Intuit subsidiary.{{cite web|url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=821694 |archive-url=https://web.archive.org/web/20090218191530/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=821694 |url-status=dead |archive-date=February 18, 2009 |title=Lacerte Software Corporation: Private Company Information – BusinessWeek |publisher=Investing.businessweek.com |date=1998-06-22 |access-date=2012-01-27}} The Lacerte subsidiary focuses on tax software used by professional accountants who prepare taxes for a living. It is generally used by larger firms with more complex workflows and clients.

On March 2, 1999, Intuit acquired Computing Resources Inc. of Reno, Nevada for approximately $200 million. This acquisition allowed Intuit to offer a payroll processing platform through its QuickBooks software program.{{cite web |url=http://web.intuit.com/about_intuit/press_releases/1999/03-02.html |title=Intuit Press Release- Intuit To Acquire Computing Resources, Inc |publisher=Web.intuit.com |date=1999-03-02 |access-date=2012-01-27 |url-status=dead |archive-url=https://web.archive.org/web/20120216082318/http://web.intuit.com/about_intuit/press_releases/1999/03-02.html |archive-date=2012-02-16 }} In December 1999, Intuit purchased Rock Financial for a sum of $532M. The company was renamed Quicken Loans. In June 2002, Rock Financial founder Dan Gilbert led a small group of private investors in purchasing the Quicken Loans subsidiary back from Intuit.{{cite news | title = The 400 richest Americans| work = Forbes Magazine

| date = 2007-08-24

| url = https://www.forbes.com/lists/2006/54/biz_06rich400_Daniel-Gilbert_LIVH.html | archive-url = https://web.archive.org/web/20061025123831/http://www.forbes.com/lists/2006/54/biz_06rich400_Daniel-Gilbert_LIVH.html | url-status = dead | archive-date = October 25, 2006 | access-date = 2007-08-24}}

In 2001, Intuit invested in UK market, hiring a local management team led by Stephen Lee, managing director, and Neil Atkins, marketing director, with an aim to become Europe's leading B2B & B2C packaged accounts solution.{{Citation needed|date=May 2020}}

In 2002, the firm acquired Management Reports International, a Cleveland-based real estate management software firm. The firm was renamed Intuit Real Estate Solutions (IRES) and offers real estate management products for Windows and the web.{{Cite web |date=June 4, 2002 |title=Intuit to Pay About $92 Million For Real-Estate Software Maker |url=https://www.wsj.com/articles/SB1023197436231373520 |access-date=July 10, 2024 |website=The Wall Street Journal}} In 2002, it acquired Eclipse ERP for $88 million, a real-time transaction processing accounting software used for order fulfillment, inventory control, accounting, purchasing, and sales {{cite web|last=Becker|first=David|url=http://news.com.com/2100-1017-931927.html |title=Intuit to buy software maker|work=News.com |publisher=CNET Networks|date=4 June 2002 |access-date=15 June 2025|archive-url=https://web.archive.org/web/20020918053318/http://news.com.com:80/2100-1017-931927.html|archive-date=18 September 2002|url-status=dead}}

In 2003, it acquired 'Innovative Merchant Solutions' (IMS).a firm that provided merchant services to all types of businesses nationwide. The acquisition gave Intuit the ability to process credit cards through its core product, QuickBooks, without the need for hardware leasing. They can also provide traditional terminal-based credit card processing and downloading transactions directly into the QuickBooks software.{{Citation needed|date=May 2020}}

In November 2005, Intuit acquired MyCorporation.com, an online business document filing service, for $20 million from original founders Philip and Nellie Akalp.{{Cite web|title = Intuit buys MyCorporation for $20 million|url = https://www.cnet.com/news/intuit-buys-mycorporation-for-20-million/|website = CNET|access-date = 2016-02-12}}

In September 2006, it acquired StepUp Commerce, an online localized product listing syndicator, for $60 million in cash.{{cite web|url=http://web.intuit.com/about_intuit/press_releases/2006/09-13.html|title=Intuit Acquires StepUp Commerce|url-status=dead|archive-url=https://web.archive.org/web/20130116190423/http://web.intuit.com/about_intuit/press_releases/2006/09-13.html|archive-date=2013-01-16}} In December 2006, it acquired Digital Insight, a provider of online banking services.{{cite web |url=https://www.nbcnews.com/id/wbna15968348 |title=Intuit to buy banking software rival |work=NBC News |date=2006-11-30 |access-date=2007-06-13 }}{{cite web |url=http://financialsoft.about.com/b/2006/12/05/better-online-banking-set-for-intuit-software-quicken.htm |title=Better Online Banking Set for Intuit Software, Quicken |publisher=Financialsoft.about.com |date=2006-12-05 |access-date=2012-01-27 |archive-date=2012-02-19 |archive-url=https://web.archive.org/web/20120219034538/http://financialsoft.about.com/b/2006/12/05/better-online-banking-set-for-intuit-software-quicken.htm |url-status=dead }}

On August 17, 2007, Intuit sold Eclipse ERP to Activant, for $100.5 million in cash .{{cite web|url=http://ewweb.com/e-biz/activant-buy-intuit-eclipse-business |title=Activant to buy Intuit Eclipse Business |date=September 2007 |publisher=Electrical Wholesaling - The Independent Voice of Electrical Distribution |access-date=25 February 2017}}

In December 2007, it acquired Electronic Clearing House{{cite web|url=http://www.informationweek.com/news/internet/ebusiness/showArticle.jhtml?articleID=205101326 |title=Intuit To Buy Electronic Clearing House |publisher=Informationweek |date=2007-12-20 |access-date=2012-01-27}} to add check processing power.In December 2007, it acquired Homestead Technologies {{cite web|url=http://www.silicontap.com/intuit_completes_homestead_acquisition/s-0012839.html |title=Intuit Completes Homestead Acquisition |publisher=silicontap.com |date=2007-12-19 |access-date=2012-01-27}} which offers web site creation and e-commerce tools targeted at the small business market, for $170 million.

In December 2008, it acquired Entellium, a by-then bankrupt software company that had developed on-demand customer relationship management software.{{cite web |last1=Heim |first1=Kristi |title=Entellium files for bankruptcy protection |url=https://www.seattletimes.com/business/entellium-files-for-bankruptcy-protection/ |website=The Seattle Times |access-date=19 July 2023 |date=2 December 2008}}

In April 2009, it acquired Boorah, a restaurant review site.{{cite web|url= http://gesterling.wordpress.com/2009/04/17/boorah-acquired-by-intuit/| title=Intuit acquires BooRah's search technology| date=17 April 2009}} On June 2, 2009, it announced the signing of a definitive agreement to purchase PayCycle Inc., an online payroll services, in an all-cash transaction for approximately $170 million.{{cite news| url=https://www.reuters.com/finance/stocks/keyDevelopments?symbol=INTU.O×tamp=20090325143000&rpc=66 |title=Intuit Inc (INTU.O) | work=Reuters}} On September 14, 2009, Intuit Inc. agreed to acquire Mint.com, a free online personal finance service, for $170 million.{{cite web|url=https://techcrunch.com/2009/09/13/intuit-to-acquire-former-techcrunch50-winner-mint-for-170-million/|title=Intuit To Acquire (Former TechCrunch50 Winner) Mint For $170 Million|date=14 September 2009 |publisher=TechCrunch}}{{cite web|url=http://www.mint.com/press/intuit-to-acquire-mint-com/|title=Intuit to Acquire Mint.com|publisher=Mint.com}}

On January 15, 2010, Intuit Inc. spun off Intuit Real Estate Solutions (which Intuit acquired in 2002) as a stand-alone company. The new company took on its previous moniker, and is now known as MRI Software.{{Cite web |last=Jarboe |first=Michelle |date=January 19, 2010 |title=Private equity firm closes Intuit deal, renames real estate division MRI Software |url=https://www.cleveland.com/business/2010/01/private_equity_firm_closes_int.html |access-date=July 10, 2024 |website=Cleveland.com}}

On May 21, 2010, Intuit acquired MedFusion, a Cary, NC leader of Patient to Provider communications for approximately $91 million.{{cite web|url=http://about.intuit.com/about_intuit/press_room/press_release/articles/2010/IntuitCompletesAcquisitionOfMedfusion.html/|title=Intuit To Acquire MedFusion|publisher=TechCrunch|url-status=dead|archive-url=https://web.archive.org/web/20110827134528/http://about.intuit.com/about_intuit/press_room/press_release/articles/2010/IntuitCompletesAcquisitionOfMedfusion.html|archive-date=2011-08-27}} On August 10, 2010, it. acquired the personal finance management app Cha-Ching.{{cite web|url=https://techcrunch.com/2010/08/10/intuit-buys-personal-finance-management-app-cha-ching/|title=Intuit Buys Personal Finance Management App Cha-Ching|date=10 August 2010 |publisher=TechCrunch}} On June 28, 2011, it acquired the Web banking technology assets of Mobile Money Ventures, a mobile finance provider, for an undisclosed amount. This acquisition is expected to position Intuit as the largest online and mobile technology provider to financial institutions.{{cite web |date=June 28, 2011 |title=Intuit Snaps Up Mobile Money Assets |url=http://www.zacks.com/stock/news/56006/Intuit+Snaps+Up+Mobile+Money+Assets+ |archive-url=https://web.archive.org/web/20110702072145/http://www.zacks.com/stock/news/56006/Intuit+Snaps+Up+Mobile+Money+Assets+ |archive-date=July 2, 2011 |publisher=Zacks Investment Research}}

On May 18, 2012, it. acquired Demandforce, an automated small business marketing, and customer communications SaaS provider for approximately $423.5 million.{{cite web |date=May 18, 2012 |title=Intuit Completes Demandforce Acquisition |url=http://about.intuit.com/about_intuit/press_room/press_release/articles/2012/IntuitCompletesDemandforceAcquisition.html |archive-url=https://web.archive.org/web/20120815130521/http://about.intuit.com/about_intuit/press_room/press_release/articles/2012/IntuitCompletesDemandforceAcquisition.html |archive-date=August 15, 2012 |access-date=July 10, 2024 |website=Intuit}}

On August 15, 2012, it announced an agreement to sell their 'Grow Your Business' business unit to Endurance International. The sale included the Intuit Websites and Weblistings products which had been formed from the Homestead Technologies and StepUp Commerce acquisitions.{{Cite web |last=Savitz |first=Eric |title=Intuit FY Q4 Light; Boosts Div; Sells Websites Unit; Shrs Off (Updated) |url=https://www.forbes.com/sites/ericsavitz/2012/08/21/intuit-fy-q4-light-boosts-div-sells-websites-unit-shrs-off/ |access-date=2024-07-10 |website=Forbes |language=en}}

On July 1, 2013, it announced an agreement to sell their Intuit Financial Services (IFS) business unit (formerly known as Digital Insight) to Thoma Bravo for more than $1.03 billion.[https://www.reuters.com/article/us-intuit-reorganization-idUSBRE9600LV20130701/ Intuit looks to bounce back with financial services sale] {{Webarchive|url=https://web.archive.org/web/20131216203229/http://www.reuters.com/article/2013/07/01/us-intuit-reorganization-idUSBRE9600LV20130701 |date=2013-12-16 }}, Reuters.com, July 1, 2013. On August 19, 2013, it announced that they had sold their Intuit Health business unit (formerly known as MedFusion) back to MedFusion's founder, Steve Malik.{{Cite web |last=Ohnesorge |first=Lauren |date=August 21, 2013 |title=Raleigh businessman buys back Intuit health-software unit |url=https://www.bizjournals.com/triangle/news/2013/08/21/intuit-sells-health-division-back-to.html |access-date=2024-07-10 |website=www.bizjournals.com}}

In August 2013, Intuit Inc. acquired tax planning software Good April for an undisclosed amount.{{Cite news|url=http://www.xconomy.com/boulder-denver/2013/08/08/intuit-acquires-tax-planning-startup-goodapril-before-techstars-demo/|title=Intuit Acquires Tax Planning Startup GoodApril Before Techstars Demo {{!}} Xconomy|date=2013-08-08|newspaper=Xconomy|language=en-US|access-date=2016-12-31}} On October 23, 2013, it acquired Level Up Analytics, a data consulting firm.[https://venturebeat.com/2013/10/23/intuit-brings-on-big-data-big-guns-with-levelup-acquisition-exclusive/ Intuit brings on ‘big data’ big guns with Level Up Analytics acquisition], VentureBeat.com, October 23, 2013. On October 30, 2013, it acquired Full Slate, a developer of appointment scheduling software for small businesses.[https://venturebeat.com/2013/10/30/no-more-no-shows-intuit-acquires-online-appointment-scheduler-full-slate/ No more no shows: Intuit acquires online appointment scheduler Full Slate], VentureBeat.com, October 23, 2013 In November 2013, Intuit acquired Prestwick Services, LLC, and incorporated TruPay into its Employee Management Solutions Division.{{Cite web |date=November 21, 2013 |title=Intuit to Buy Prestwick Services |url=https://finance.yahoo.com/news/intuit-buy-prestwick-services-162002037.html |access-date=2024-07-10 |website=Yahoo Finance |language=en-US}}

In May 2014, Intuit Inc. bought Invitco to help bookkeepers put bill processing in the cloud.{{cite web |first=Mark |last=Sullivan |publisher=VentureBeat |url=https://venturebeat.com/2014/05/15/intuit-buys-invitco-to-help-bookkeepers-put-bill-processing-in-the-cloud/ |title=Intuit buys Invitco to help bookkeepers put bill processing in the cloud |date=May 15, 2014 |access-date=May 16, 2014}} In May 2014, it acquired Check for approximately $360 million to offer bill pay across small business and personal finance products.{{Cite press release|url=http://investors.intuit.com/press-releases/press-release-details/2014/intuit-completes-check-acquisition/default.aspx|publisher=Intuit Inc.|title=Intuit Completes Check Acquisition|access-date=2016-12-31}} In December 2014, it. acquired Acrede, UK-based provider of global, cross-border and cloud-based payroll services.{{cite web |first=Ingrid |last=Lunden |publisher=TechCrunch |url=https://techcrunch.com/2014/12/10/intuit-buys-uks-acrede-to-expand-its-global-payroll-services/ |title=Intuit Buys UK's Acrede To Expand Its Global Payroll Services |date=December 10, 2014 |access-date=December 11, 2014}}

In March 2015, Intuit Inc. acquired Playbook HR.Cromwell Schubarth, Silicon Valley Business Journal. "[http://www.bizjournals.com/sanjose/blog/techflash/2015/03/intuit-buys-recent-startx-grads-playbook-hr-in.html Intuit buys recent StartX grads Playbook HR in move aimed at on-demand work force]." Mar 25, 2015. Retrieved March 31, 2017.

In January 2016, Intuit Inc. announced an agreement to sell Demandforce to Internet Brands.{{cite press release|url=https://money.cnn.com/news/newsfeeds/articles/marketwire/1239104.htm|title=Internet Brands to Acquire Demandforce|date=January 15, 2016}} On March 3, 2016, Intuit announced plans to sell Quicken to H.I.G. Capital.{{cite web|first1=John|last1=Rebeiro|title=Intuit selling Quicken to private equity firm HIG Capital|url=http://www.pcworld.com/article/3040723/intuit-selling-quicken-to-private-equity-firm-hig-capital.html|website=pcworld.com|publisher=IDG Consumer & SMB|access-date=March 4, 2016|date=March 3, 2016}} On March 8, 2016, it announced plans to sell Quickbase to private equity firm Welsh, Carson, Anderson & Stowe.{{cite web|url=https://www.zdnet.com/article/intuit-sells-quickbase-to-private-equity-firm/|title=Intuit sells QuickBase to private equity firm|last1=Gagliordi|first1=Natalie|website=ZDNet|publisher=CBS Interactive|access-date=March 7, 2018}} In October 2016, Intuit acquired Bankstream to integrate direct bank feeds into QuickBooks.{{Cite web |date=2016-10-10 |title=Intuit QuickBooks buys Bankstream |url=https://www.finextra.com/pressarticle/66508/intuit-quickbooks-buys-bankstream |access-date=2024-07-10 |website=Finextra Research |language=en}}

On May 1, 2017, Intuit announced it was selling TruPay.{{Cite web |date=December 12, 2017 |title=Split Limit Studios Delivers Technology Solutions to Insurance Industry |url=https://www.businesswire.com/news/home/20171212005153/en/Split-Limit-Studios-Delivers-Technology-Solutions-to-Insurance-Industry |access-date=July 10, 2024 |website=Business Wire}} On December 5, 2017, Intuit announced its acquisition of TSheets for $340 million.{{cite press release|url=http://investors.intuit.com/Press-Releases/Press-Release-Details/2017/Intuit-to-Acquire-TSheets-Its-About-Time/default.aspx|title=Intuit to Acquire TSheets: It's About Time|date=December 5, 2017}}

On February 24, 2020, Intuit CEO and leader Sasan Goodarzi announced that it planned to acquire Credit Karma for $7.1 billion.{{Cite web|url=https://techcrunch.com/2020/02/24/intuit-credit-karma/|title=Intuit confirms that it is buying Credit Karma for $7.1B in cash and stock|last=Lunden|first=Ingrid|date=February 24, 2020|website=TechCrunch|access-date=February 24, 2020}} On August 3, 2020, Intuit announced its acquisition of TradeGecko for $100 million.{{cite press release|url=https://www.intuit.com/blog/news-social/intuit-quickbooks-adds-omni-channel-commerce-capabilities-by-acquiring-tradegecko/|title=Intuit QuickBooks Adds Omni-channel Commerce Capabilities by Acquiring TradeGecko

|date=August 3, 2020}}

On September 13, 2021, Intuit announced its acquisition of Mailchimp for $12 billion.

In January of 2024, Intuit integrated some of the functions of its personal accounting software Mint into Credit Karma's net worth product line and retired Mint. {{Cite web |last=Mint |title=Budget Tracker & Planner {{!}} Free Online Money Management {{!}} Mint |url=https://mint.intuit.com/ |access-date=2024-06-04 |website=mint.intuit.com |language=en}}{{Cite web |title=Some Mint features are moving to Credit Karma |url=https://www.creditkarma.com/lp/mint-to-credit-karma-net-worth |access-date=2024-06-04 |website=Intuit Credit Karma |language=en-US}}

Intuit has lobbied extensively against the IRS providing taxpayers with free pre-filled forms, as is the norm in developed countries.{{cite web|url=https://www.npr.org/templates/story/story.php?storyId=9112083 |title=IRS Urges E-Filing — But by Vendors Only, Please |work=NPR |publisher=Npr.org |access-date=2012-01-27}}

In 2009, the Los Angeles Times reported that Intuit spent nearly $2 million in political contributions to eliminate free online state tax filing for low-income residents in California.{{cite news| url=https://www.latimes.com/news/local/la-me-legis-feuds15-2009sep15,0,6612292.story | work=Los Angeles Times | title=California GOP legislators blocked 20 bills after demands were unmet | first1=Shane | last1=Goldmacher | first2=Patrick | last2=McGreevy | date=2009-09-15 | access-date=2010-05-05}} According to the New York Times, from 2009 to 2014, Intuit spent nearly $13 million lobbying, as reported by OpenSecrets, as much as Apple. Intuit spent $1 million on the race for the California state comptroller to support Tony Strickland, a Republican who opposed ReadyReturn, against John Chiang, a Democrat who supported ReadyRun (and won). Joseph Bankman, professor of tax law, Stanford Law School, and advocate of simplified filing, believes that the campaign warned politicians that if they supported free filing, Intuit would help their opponents.[https://www.nytimes.com/2015/04/16/technology/personaltech/turbotax-or-irs-as-tax-preparer-intuit-has-a-favorite.html Would You Let the I.R.S. Prepare Your Taxes?], Farhad Manjoo, New York Times, April 15, 2015{{cite web|url=http://www.opensecrets.org/lobby/clientsum.php?id=D000026667|title=Lobbying Spending Database – Intuit Inc, 2015 – OpenSecrets|access-date=7 June 2015}}

On March 26, 2013, ProPublica reported that the company lobbied against return-free filing as recently as 2011. One year later, ProPublica reported that the company appeared to be linked to a number of op-eds and letters to Congress in a campaign advocating against direct tax filing backed by the Computer & Communications Industry Association, an advocacy organization of which Intuit is a member.{{cite web | url=https://www.propublica.org/article/turbotax-maker-linked-to-grassroots-campaign-against-free-simple-tax-filing | title= TurboTax Maker Linked to 'Grassroots' Campaign Against Free, Simple Tax Filing | publisher=ProPublica | first1=Liz | last1=Day | date=2014-04-14 | access-date=2014-04-15}}

In October 2019, Propublica reported again that Intuit used "lobbying, the revolving door and dark pattern customer tricks" to fend off the US government's attempts to make tax filing free and easy, and created its multi-billion-dollar franchise.{{Cite web |last=Kiel |first=Justin Elliott, Paul |date=2019-10-17 |title=Inside TurboTax's 20-Year Fight to Stop Americans From Filing Their Taxes for Free |url=https://www.propublica.org/article/inside-turbotax-20-year-fight-to-stop-americans-from-filing-their-taxes-for-free |access-date=2023-05-17 |website=ProPublica |language=en}}

{{Main|High-Tech Employee Antitrust Litigation}}

{{importance section|date=April 2014}}

An antitrust lawsuit and a class-action suit relating to cold calling employees of other companies were settled out of court along with Apple and Google.{{cite news|url=https://www.washingtonpost.com/business/economy/apple-google-agree-to-settle-lawsuit-alleging-hiring-salary-conspiracy/2014/04/24/56f1bb32-cbff-11e3-95f7-7ecdde72d2ea_story.html?tid=hpModule_a2e19bf4-86a3-11e2-9d71-f0feafdd1394|title=Apple, Google agree to settle lawsuit alleging hiring, salary conspiracy|first=Dan|last=Levine|date=24 April 2014|newspaper=Washington Post|access-date=7 June 2015}}

In March 2015, The Washington Post and computer reporter Brian Krebs reported that two former employees alleged that Intuit knowingly allowed fraudulent returns to be processed on a massive scale as part of a revenue-boosting scheme. Both employees, former security team members for the company, stated that the company had ignored repeated warnings and suggestions on how to prevent fraud. One of the employees was reported to have filed a whistleblower complaint with the US Securities and Exchange Commission.{{Cite news|url=https://www.washingtonpost.com/news/get-there/wp/2015/03/04/unprecedented-surge-in-online-tax-scams-raises-questions-about-turbotax/|title=Who's to blame when fraudsters use TurboTax to steal refunds?|first1=Jonnelle|last1=Marte|first2=Craig|last2=Timberg|newspaper=The Washington Post}}{{Cite web|url=https://krebsonsecurity.com/2015/02/turbotaxs-anti-fraud-efforts-under-scrutiny/|title=TurboTax's Anti-Fraud Efforts Under Scrutiny — Krebs on Security|date=7 March 2015 }}

The Federal Trade Commission (FTC) has taken legal action against Intuit Inc., the maker of TurboTax software, for deceptive advertising practices. They allege that Intuit's "free" tax filing claims are misleading, as they are not accessible to a significant number of taxpayers, including gig economy workers and those with farm income. To prevent further harm, the FTC has filed both an administrative complaint and a federal district court complaint, seeking to halt Intuit's deceptive advertising. The outcome of this legal action will determine the company's accountability in the matter.{{Cite web |date=2022-03-30 |title=Intuit Inc., In the Matter of (TurboTax) |url=https://www.ftc.gov/legal-library/browse/cases-proceedings/192-3119-intuit-inc-matter-turbotax |access-date=2023-10-21 |website=Federal Trade Commission |language=en}}

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• Comparison of accounting software

{{Reflist}}

{{Refbegin}}

• {{cite book | author=Taylor, Suzanne E. | title=Inside Intuit: How the Makers of Quicken Beat Microsoft and Revolutionized an Entire Industry | location=Boston, Mass. | publisher=Harvard Business School Press | year=2003 | isbn=978-1-59139-136-4 | url-access=registration | url=https://archive.org/details/inideintuithowma00tayl }} - recounts the early years of Intuit, including the aborted acquisition by Microsoft.
• [http://www.healthdatamanagement.com/html/news/NewsStory.cfm?articleId=13303 Intuit to Make Health 'Quicken'] – Health Data Management, April 13, 2006
• [http://www.bizjournals.com/sanjose/stories/2007/04/23/daily35.html?from_rss=1 CIGNA to offer members Intuit's Quicken Health] – San Jose Business Journal, April 25, 2007
• [https://web.archive.org/web/20070928025624/http://www.pcworld.ca/news/product-review/7b1517970a010408001a024c99897aa6/pg1.htm Business tax software: Take control of your tax claims] – review of QuickTax Business Incorporated 2007 and Business Unincorporated 2007
• Blog - https://web.archive.org/web/20100824062040/http://www.ciol.com/SMB/SMB-Featured-Articles/Feature/Intuit-Money-Manager-set-to-make-India-debut/21109127197/0/
• Blog - {{cite news |url=http://news.oneindia.in/2010/01/13/intuit-unveils-money-manager-in-india.html |archive-url=https://archive.today/20130217225612/http://news.oneindia.in/2010/01/13/intuit-unveils-money-manager-in-india.html |url-status=dead |archive-date=February 17, 2013 |title=Intuit unveils Money Manager in India |date=January 13, 2010 |newspaper=One India |accessdate=March 1, 2015 }}
• News - {{cite news |url=http://www.financialexpress.com/news/intuitmoneymanagerlaunchedinindia/566899/ |newspaper=Financial Express |title=Intuit Money Manager launched in India

|publisher=Businesswire India |location=Bangalore |date=January 13, 2010 |accessdate=March 1, 2015}}

{{Refend}}

• [https://www.intuit.com/ Official website]
• [https://www.intuit.com/in/ Intuit India Official site]

{{Finance links

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| symbol = INTU

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| google = INTU:NASDAQ

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Category:Financial services companies established in 1983

Category:Financial software companies

Category:Software companies based in Mountain View, CaliforniaCategory:Software companies based in the San Francisco Bay Area

Category:Software companies established in 1983

Category:Software companies of the United States

Category:Tax preparation companies of the United States