Intuit

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.

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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.

This year, products impacted will include QuickBooks Pro 2017, QuickBooks Premier 2017, QuickBooks Desktop Accountant 2017 and QuickBooks Enterprise Solutions v. 17.

The Internal Revenue Service has signed a new agreement with Free File, Inc., formerly known as the Free File Alliance, after controversy erupted during tax season this year over the difficulty of finding free versions of consumer tax filing software like TurboTax.

Highlights include tax penalty protection, live expert help, and an information portal powered by Mammoth.

Intuit is also offering its own Cloud hosting solution for the desktop tax prep software.

Updates include new forms, e-file capabilities, and behind-the-scenes software upgrades.

QuickBooks Online debuted new features in November, just in time for the holidays.

QuickBooks Connect 2019 didn’t arrive with any big product releases or company news. Instead, Intuit discussed injecting artificial intelligence into its existing products, and adding capabilities to the QuickBooks suite.

His final role was as senior vice president and head of customer success for the small business and self-employed group; his first was as marketing manager for ProSeries.

The bookkeeping-on-demand service is proving popular with accountants, and creating new opportunities for Intuit.

Intuit wants ProAdvisors to know it is serious about automation — not just embedding it into its QuickBooks platforms, but also getting accountants to use the capabilities to their fullest potential.