Intuit

New York State’s Department of Financial Services issued a report saying five tax prep software companies have been making it difficult for taxpayers to access the free versions of their tax preparation software, even though they belong to the Free File Alliance.

Intuit CEO Sasan Goodarzi announced that the software giant would be changing focus to virtual solutions, omni-channel commerce and money benefits to small businesses, in light of the impact of COVID-19.

Rewind Copy allows accountants to set up a new client and migrate their data quickly instead of manually importing files.

The June QuickBooks update has brought bolstered reporting capabilities for QuickBooks Online and QBO Accountant, and a new tier for QuickBooks Desktop Enterprise that offers assisted payroll and industry-specific editions.

The latest update adds a loan forgiveness estimator and PPP-specific reports to QuickBooks Online, among other tools.

The Small Business Relief Initiative is designed to get money in the hands of small businesses specifically struggling to pay employees and business expenses during the pandemic.

The coalition proposed the federal government set up and fund a central payroll account for small-business payroll processors to use to direct funds to small businesses to keep paying employees.

Several legal experts see parallels to a 2011 attempt by H&R Block Inc. to acquire another DIY tax software company that regulators blocked.

New practice management and crypto-tax tools for tax pros, along with extra tax season resources and much more.

The platform will be available for tax year 2020.

Megia, who has headed Intuit’s ProAdvisor and Education Program since 2017, has stepped down to return to entrepreneurship.

The software giant behind TurboTax is buying out a potential competitor in the tax prep market.

Intuit Inc. is close to buying Credit Karma Inc. for about $7 billion in cash and stock deal, The Wall Street Journal reported, citing people familiar with the matter it didn’t identify.

The Big Four, other accounting firms and related businesses were recognized for their workplace culture and innovation.

Tax-preparation software companies face headwinds for the revenue they get from each tax return this year due to the combined effect of a rising mix of free filings and lower need for services that assist do-it-yourself filers, according to Morgan Stanley.

AI startups suck in capital, time to get off Windows 7, and eight other technology developments that will impact your clients and your firm.

Intuit has released several updates for QuickBooks Online, QuickBooks Online Accountant, and QuickBooks Online Advanced.

Barry Pennett has been named to the new role of vice president and general manager of Intuit’s ProConnect Group, just in time for tax season.

Changes should make it easier for taxpayers to find the free versions of tax prep software from vendors who have been accused of misleading consumers into paying for the products.

Most small businesses do run their own payroll, but they also wish they didn’t have to.