Intuit

Intuit announced the release of Intuit Enterprise Suite, an all-in-one solution that is meant for larger, more complex businesses.

Intuit announced major upgrades to its GenOS system, bolstering its development capabilities in generative AI.

While small businesses still primarily use accounting software to record and manage transactions, the percentage using paper actually increased

Intuit and nonprofit Education at Work announced a pilot program to employ college students at TurboTax, helping them gain experience while earning tuition money.

The laid-off workers will be replaced by specialists in engineering, product, and customer-facing roles as part of Intuit's larger AI plans.

Intuit has been working to cater TurboTax to those with more complicated tax situations, betting that those customers could use online help from experts.

The discontinuation includes all 2021 versions of QuickBooks Desktop Pro, Desktop Premier, Desktop for Mac and Enterprise Solutions.

Due to a software glitch, some TurboTax customers were inappropriately encouraged to take deduction choices resulting in higher taxes.

Intuit QuickBooks has introduced split billing for 1099s, which allows e-filing costs for 1099s to be split between accountants and their clients.

Plus, Prismatic launches multi-entity business solution with blockchain-like technology; and other accounting technology updates.