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Articles for Intuit, search results for company

Intuit forecasts quarterly results below estimates on weak demand, promotions delay
1 month ago

Intuit forecasts quarterly results below estimates on weak demand, promotions delay

Live Mint  

Nov 21 - Intuit projected second-quarter revenue and profit below market estimates on Thursday, hampered by sluggish demand for its financial management services and a planned change in the timing of its promotions. The company's consumer group, which caters to individuals, is expected to see a single-digit revenue decline in the second quarter due to the delay in promotions for …

Intuit Forecasts Quarter
California-based Intuit lays off 1800 employees, to prepare for 'AI revolution'
5 months, 1 week ago

California-based Intuit lays off 1800 employees, to prepare for 'AI revolution'

Hindustan Times  

Intuit, the California-based software company known for products like TurboTax, Credit Karma, and Mailchimpis laying off 1,800 employees, representing 10% of its workforce, in preparation for the "AI revolution." Tax preparation and financial software company Intuit announced an AI-focused reorganization plan Wednesday, July 10, 2024, that includes laying off about 10% of its workforce. In a note to employees, Intuit …

Employees California Ai Intuit
Tax preparation company Intuit to lay off 1,800 as part of an AI-focused reorganization plan
5 months, 2 weeks ago

Tax preparation company Intuit to lay off 1,800 as part of an AI-focused reorganization plan

Associated Press  

WASHINGTON — Tax preparation and financial software company Intuit announced an AI-focused reorganization plan Wednesday that includes laying off about 10% of its workforce. Another 300 positions are being eliminated “to streamline work and reallocate resources toward key growth areas,” the email said. ”Companies that aren’t prepared to take advantage of this AI revolution will fall behind and, over time, …

Employees Intuit
How global companies handle political talk at work
7 months, 2 weeks ago

How global companies handle political talk at work

BBC  

How global companies handle political talk at work Getty Images Amid polarisation, some employers seek to prohibit or rein in political discourse on the clock. Getty Images Some employers are altogether prohibiting political discussions at work Intuit subsequently put in guardrails for how employees can talk about divisive topics on company channels. There are moderators, usually HR or people who …

Politics Policy Employees Work Workers Company Brazil
How Intuit is building an AI-driven platform – with a dash of astrophysics
9 months, 2 weeks ago

How Intuit is building an AI-driven platform – with a dash of astrophysics

BBC  

How Intuit is building an AI-driven platform – with a dash of astrophysics Klawe Rzeczy Nhung Ho, vice president of artificial intelligence at Intuit, talks to the BBC about how data leads AI innovation Nhung Ho, vice president of artificial intelligence at Intuit, enters the BBC's Executive Lounge to talk about finding data-driven answers in the dark, and how it's …

Personal Finance Data Platform Ai Galaxies Bbc Vice President
IRS steps toward a new free-file tax return system have both supporters and critics mobilizing
1 year, 5 months ago

IRS steps toward a new free-file tax return system have both supporters and critics mobilizing

Associated Press  

WASHINGTON — An IRS plan to test drive a new electronic free-file tax return system next year has got supporters and critics of the idea mobilizing to sway the public and Congress over whether the government should set up a permanent program to help people file their taxes without needing to pay somebody else to figure out what they owe. …

Tax Congress House Public Republicans Free File
IRS moves forward with free e-filing system in pilot program to launch in 2024
1 year, 7 months ago

IRS moves forward with free e-filing system in pilot program to launch in 2024

Associated Press  

NEW YORK — Most taxpayers are interested in filing their taxes directly to the IRS for free, a new report says, and that option will be tested next year. Now, the IRS plans to launch a pilot program for the 2024 filing season to test a “direct file” system and help the federal government decide whether to move forward with …

Tax Million Direct Free File System Irs
Tax Prep Company Intuit Ramps Up Lobbying Ahead Of Free File Fight
1 year, 7 months ago

Tax Prep Company Intuit Ramps Up Lobbying Ahead Of Free File Fight

Huff Post  

Treasury Secretary Janet Yellen tours an IRS facility in Lanham, Maryland, in 2022. The Free File program began in October 2002 with an agreement between the IRS and 17 tax prep companies, including tax prep giants Intuit and H&R Block, to have 60% of the population eligible for free preparation and filing, based on adjusted gross income, through commercial partners. …

Tax Lobbying Treasury Report Million Filing System
TurboTax customers to receive checks for $141M settlement
1 year, 7 months ago

TurboTax customers to receive checks for $141M settlement

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Millions of Americans who qualified …

Tax Settlement James Free Propublica Intuit Inuit
TurboTax customers to receive checks for $141M settlement
1 year, 7 months ago

TurboTax customers to receive checks for $141M settlement

Associated Press  

WASHINGTON — Millions of Americans who qualified for free tax services — but were instead deceived into paying TurboTax for their returns — will soon get settlement checks in the mail. Those impacted were low-income consumers eligible for free, federally-supported tax services — but paid TurboTax to file their federal returns across the 2016, 2017 and 2018 tax years due …

Tax Settlement James Free Turbotax Propublica Intuit
New push on US-run free electronic tax-filing system for all
1 year, 8 months ago

New push on US-run free electronic tax-filing system for all

Associated Press  

WASHINGTON — It’s that time of year when throngs of taxpayers are buckling down to file their income tax returns before Tuesday’s filing deadline. An analysis shows that Intuit, H&R Block, and other private companies and advocacy groups for large tax preparation businesses, as well as proponents in favor of electronic free file, have reported spending $39.3 million since 2006 …

Tax Companies Million System Irs Intuit Taxpayers
Intuit to pay $141M settlement over ‘free’ TurboTax ads
2 years, 7 months ago

Intuit to pay $141M settlement over ‘free’ TurboTax ads

Associated Press  

NEW YORK — The company behind the TurboTax tax-filing program will pay $141 million to customers across the United States who were deceived by misleading promises of free tax-filing services, New York’s attorney general announced Wednesday. Under the terms of a settlement signed by the attorneys general of all 50 states, Mountain View, California-based Intuit Inc. will suspend TurboTax’s “free, …

Pay New York James Propublica Intuit Turbotax Tax Free
Federal Trade Commission accuses Intuit of deceptively advertising TurboTax as free
2 years, 8 months ago

Federal Trade Commission accuses Intuit of deceptively advertising TurboTax as free

NPR  

Federal Trade Commission accuses Intuit of deceptively advertising TurboTax as free Enlarge this image toggle caption Federal Trade Commission Federal Trade Commission The Federal Trade Commission is accusing the company that makes TurboTax of deceptively advertising free tax filing. Sponsor Message The complaint says that for years, much of Intuit's advertising for TurboTax's online service has emphasized the message that …

Trade Tax Taxes Commission Federal Complaint Free
Intuit Shows Why D&I Remains Important In Maintaining An Inclusive Culture
4 years, 6 months ago

Intuit Shows Why D&I Remains Important In Maintaining An Inclusive Culture

Huff Post  

LOADING ERROR LOADING No matter how tumultuous are the current events of the day, an organization is only as strong and resilient as the culture it fosters for its employees. In our video above, produced in association with CEO Action for Diversity and Inclusion, Cherise Slover shows how she acted to create programs that foster a culture of inclusion for …

Inclusion Ceo Intuit Ceo Action Slover