Tax prep software

The Federal Trade Commission issued an order forbidding Intuit from describing its TurboTax software as free in any of its promotional materials unless the product is free for everyone.

Plus, ZenBusiness announces new beneficial ownership filing capacities; and other accounting technology news.

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.

The service plans to run a limited pilot test of its free online tax system in 13 states next tax season, but it will only support certain tax credits.

Taxpayers' eagerness to use free software provided by the service to file their taxes may be exaggerated because of the way a survey was designed.

Five tax giants received a shot across the bow from the Federal Trade Commission.

Google and Meta are facing class-action suits after revelations they had been collecting sensitive taxpayer information via online filing sites.

Major developers in the field view artificial intelligence as a way to step up the timetable on their long-term ambitions.

The Internal Revenue Service is making progress on its modernization efforts after receiving billions in extra funding.

A Senate investigation has concluded that major tax software providers have been sending sensitive personal information to tech companies like Meta and Google.