Tax prep software

Tech giant Intuit has filed suit against H&R Block, accusing the tax prep giant of making false and misleading statements regarding prices.

Plus, Intuit adds TurboTax to Credit Karma and QuickBooks; FreshBooks introduces payroll capacities; and other accounting tech news.

In the fiscal year ending in July 2023, Intuit received $106 million in federal research and experimentation credits, which amounted to about 4% of its total R&D expenses.

It's not all about AI. Solutions providers also stressed the need to keep up with regulations, evaluate tech stacks, and embrace innovation, among other things.

When asked what advice they had for accountants in 2024, there is one thing that company after company suggested: learn AI.

Technology developers who serve the accounting profession share the developments they have planned for 2024.

Intuit TurboTax, in anticipation of the upcoming filing season, unveiled new support options that encompass both human professionals and artificial intelligence.

In this Vendor Spotlight, we sit down with Evan Croen, senior vice president of product at Bloomberg Tax & Accounting.

The accounting software giant announced a cavalcade of enhancements set for use in the upcoming tax season.

A survey by the National Association of Tax Professionals revealed two programs that stand out.