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 …
This article originally appeared in OpenSecrets. New legislation could throw a wrench in IRS plans to launch a free government-run tax filing program after millions of dollars in lobbying by for-profit tax prep service providers. The tax prep services industry has poured over $90 million into lobbying on the Free File Program and other issues since the program’s inception in …
The year was 1973 and the muggy Michigan summer pulsed with Motown hits such as ““Higher Ground” and “Superstition.” At Detroit Country Day School, the football team wheezed its way up a steep slope known simply as “The Hill” on the backside of the leafy campus. I want people in their seats.” — Steve Ballmer, Clippers owner, on some of …
WASHINGTON — The flagship climate change and health care bill passed by Democrats and soon to be signed by President Joe Biden will bring U.S. taxpayers one step closer to a government-operated electronic free-file tax return system. That 16-year provision within the agreement was formally nixed in 2019, but tax experts and government reports say the program’s existence is largely …