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Intuit
Intuit Inc. is an American business software company that specializes in financial software. The company is headquartered in Mountain View, California, and the CEO is Sasan Goodarzi. Intuit's products include the tax preparation application TurboTax, personal finance app Mint.com, Mint, the small business accounting program QuickBooks, the credit monitoring service Credit Karma, and email marketing platform Mailchimp. more than 95% of its revenues and earnings come from its activities within the United States. Intuit offers a free online service called TurboTax Free File as well as a similarly named service called TurboTax Free Edition which is not free for most users. In 2019, investigations by ProPublica found that Intuit deliberately steered taxpayers from the free TurboTax Free File to the paid TurboTax Free Edition using tactics including Search engine privacy#Delisting and reordering, search engine delisting and a deceptive discount targeted to members of the military. ...
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QuickBooks
QuickBooks is an accounting software package developed and marketed by Intuit. First introduced in 1983, QuickBooks products are geared mainly toward Small and medium-sized enterprises, small and medium-sized businesses and offer On-premises software, on-premises accounting applications as well as Cloud computing, cloud-based versions that accept business payments, manage and pay bills, and payroll functions. History Intuit was founded in 1983 by Scott Cook and Tom Proulx in Mountain View, California, United States, USA. After the success of its Quicken product for individual financial management, the company developed similar services for small business owners. Initial release The initial Quicken software did not function as a "Double-entry bookkeeping system, double-entry" accounting package. The initial release of QuickBooks was the DOS version that was based on the Quicken codebase. The Windows and Mac versions shared a different codebase that was based on In-House Accounta ...
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TurboTax
TurboTax is a software package for preparation of American income tax returns, produced by Intuit. TurboTax is a market leader in its product segment, competing with H&R Block Tax Software and TaxAct. TurboTax was developed by Michael A. Chipman of Chipsoft in 1984 and was sold to Intuit in 1993. The company has been subject of controversy over its political influence and deceptive business practices. Intuit, the maker of TurboTax, has lobbied extensively against the Internal Revenue Service (IRS) creating its own online system of tax filing like those that exist in most other wealthy countries. Intuit is under investigation by multiple state attorneys general, as well as New York's Department of Financial Services. As part of an agreement with the IRS Free File program, TurboTax allowed individuals making less than $39,000 a year to use a free version of TurboTax; a 2019 ProPublica investigation revealed that TurboTax deliberately made this version hard to find, even through ...
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Quicken
Quicken is a personal finance management application originally developed and offered by Intuit, Inc. Intuit sold Quicken to H.I.G. Capital in 2016, and H.I.G. sold Quicken to Aquiline Capital Partners in 2021. Quicken runs on Windows and Macintosh systems, though the data is incompatible between the two versions. Earlier versions ran on DOS and the Apple II. Versions of Quicken range from "starter" editions to more advanced offerings. Since 1998, each version has tended to have the release year in the product name (e.g., Quicken Basic 2008); before then, versions were numbered (e.g., Quicken 8 for DOS). Quicken is only available for purchase and use in Canada and the United States, and only in English. Product description The Quicken name typically refers to the core product offering of personal financial management software. The software includes financial planning activities that, historically, people may have done on paper – recording banking transactions, planning ...
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Tom Proulx
Thomas Proulx is an American computer programmer and entrepreneur. He was a co-founder and first programmer of Intuit and a pioneer of usability testing in the 1980s.Suzanne E. Taylor and Kathy Schroeder, Inside Intuit: how the makers of Quicken beat Microsoft and revolutionized an entire industry', Harvard Business School Press. See alsGoogle Books He was the main programmer of the first version of Quicken and the prime mover of its successful merger with TurboTax. He co-founded Intuit in 1983, and was later involved with Netpulse, NetPulse. Early life and education He earned an electrical engineering degree from Stanford University and was a Hughes Fellow. Career Intuit In 1983, he began designing Quicken in his dorm room at Stanford. In 1983 Scott Cook went to Stanford University in California, United States. He wanted a programmer for a planned home bill payment and bank reconciliation program. Proulx, who studied Electrical Engineering/Computer Science at Stanford,
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Scott Cook
Scott David Cook (born 1952) is an American billionaire businessman who co-founded Intuit. Cook is also a director of eBay and Procter & Gamble. Early life Cook holds a bachelor's degree in economics and mathematics from the University of Southern California and an MBA from Harvard Business School, where he serves on the dean's advisory board. Career Cook started his career at Procter & Gamble in Cincinnati, Ohio, where he learned about product development, market research, and marketing. He then took a job in strategic consulting at Bain & Company in Menlo Park, California. Cook soon began using the insights he was learning there to look for an idea for a company of his own. That idea came to him one day when his wife was complaining about paying the bills. With personal computers just coming out at the time, Scott thought there might be a market for basic software that would help people pay their bills. He launched Quicken and named his company Intuit in 1983, which today ...
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Mailchimp
Mailchimp is a marketing automation platform and email marketing service. "Mailchimp" is the trade name of its operator, Rocket Science Group, an American company founded in 2001 by Ben Chestnut and Mark Armstrong, with Dan Kurzius joining at a later date. History Mailchimp was launched in 2001. The platform was named after one of their most popular e-greetings card characters, and earned a few thousand dollars a month. Mailchimp began as a paid service and added a freemium option in 2009. Within a year, its user base had grown from 85,000 to 450,000. By June 2014, it was sending over 10 billion emails per month on behalf of its users. According to the statistics, more than 600 million emails are sent through the platform every two days. In 2016, Mailchimp was ranked No. 7 on the Forbes Cloud 100 list. In February 2017, the company was named one of Fast Company's Most Innovative Companies of 2017. In August 2017, it was reported that Mailchimp would be opening offices in Br ...
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Credit Karma
Credit Karma is an American multinational personal finance company founded in 2007, which has been a brand of Intuit since December 2020. It is best known as a free credit and financial management platform, but its features also include monitoring of unclaimed property databases and a tool to identify and dispute credit report errors. The company operates in the United States, Canada and the United Kingdom. All of Credit Karma’s services are free to consumers. Revenue from targeted advertisements for financial products offsets the costs of its free products and services. Credit Karma earns revenue from lenders, who pay the company when Credit Karma successfully recommends customers to the lenders. History Kenneth Lin, who previously founded Multilytics Marketing and worked with E-Loan and Upromise, launched Credit Karma in 2007 with co-founders Ryan Graciano and Nichole Mustard. The website went live in February 2008. Early investors included Chris Larson, CEO of Prosper, ...
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Tax Preparation
Tax preparation is the process of preparing tax returns, often income tax returns, often for a person other than the taxpayer, and generally for compensation. Tax preparation may be done by the taxpayer with or without the help of tax preparation software and online services. Tax preparation may also be done by a licensed professional such as an attorney, certified public accountant or enrolled agent, or by an unlicensed tax preparation business. Because United States income tax laws are considered to be complicated, many taxpayers seek outside assistance with taxes (53.5% of individual tax returns in 2016 were filed by paid preparers). Some states have licensing requirements for anyone who prepares tax returns for a fee and some for fee-based preparation of state tax returns only. Commercial tax preparation software, such as TurboTax, is widely used by individuals preparing their own tax returns. The Free File Alliance provides free tax preparation software for individuals with les ...
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NASDAQ-100
The Nasdaq-100 (^NDX) is a stock market index made up of 101 equity securities issued by 100 of the largest non-financial companies listed on the Nasdaq stock exchange. It is a modified capitalization-weighted index. The stocks' weights in the index are based on their market capitalizations, with certain rules capping the influence of the largest components. It is limited to companies from a single exchange, and it does not have any financial companies. The financial companies are in a separate index, the NASDAQ Financial-100. History The NASDAQ-100 was launched on January 31, 1985 by the Nasdaq. It created two indices: the NASDAQ-100, which consists of Industrial, Technology, Retail, Telecommunication, Biotechnology, Health Care, Transportation, Media and Service companies, and the NASDAQ Financial-100, which consists of banking companies, insurance firms, brokerage firms, and Mortgage loan companies. The base price of the index was initially set at 250, but when it closed ...
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Mountain View, California
Mountain View is a city in Santa Clara County, California, United States. Named for its views of the Santa Cruz Mountains, it has a population of 82,376. Mountain View was integral to the early history and growth of Silicon Valley, and is the location of many high technology companies. In 1956, William Shockley established Shockley Semiconductor Laboratory in Mountain View, the first company to develop silicon semiconductor devices in Silicon Valley. Today, Mountain View houses the headquarters of many of the world's largest technology companies, including Google and Alphabet Inc., Unicode Consortium, Intuit, NASA Ames research center, and major headquarter offices for Microsoft, NortonLifeLock, Symantec, 23andMe, LinkedIn, Samsung, and Synopsys. History The Mexican land grant of Rancho Pastoria de las Borregas was given in 1842 by Alta California Governor Juan Bautista Alvarado, Juan Alvarado to Francisco Estrada. This grant was later passed on to Mariano Castro, who sold ...
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Mountain View, Santa Clara County, California
Mountain View is a city in Santa Clara County, California, United States. Named for its views of the Santa Cruz Mountains, it has a population of 82,376. Mountain View was integral to the early history and growth of Silicon Valley, and is the location of many high technology companies. In 1956, William Shockley established Shockley Semiconductor Laboratory in Mountain View, the first company to develop silicon semiconductor devices in Silicon Valley. Today, Mountain View houses the headquarters of many of the world's largest technology companies, including Google and Alphabet Inc., Unicode Consortium, Intuit, NASA Ames research center, and major headquarter offices for Microsoft, Symantec, 23andMe, LinkedIn, Samsung, and Synopsys. History The Mexican land grant of Rancho Pastoria de las Borregas was given in 1842 by Alta California Governor Juan Alvarado to Francisco Estrada. This grant was later passed on to Mariano Castro, who sold half of the land to Martin Murphy Jr ...
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Tax Return (United States)
Tax returns in the United States are reports filed with the Internal Revenue Service (IRS) or with the state or local tax collection agency (California Franchise Tax Board, for example) containing information used to calculate income tax or other taxes. Tax returns are generally prepared using forms prescribed by the IRS or other applicable taxing authority. Federal returns Under the Internal Revenue Code returns can be classified as either ''tax returns'' or ''information returns'', although the term "tax return" is sometimes used to describe both kinds of returns in a broad sense. Tax returns, in the more narrow sense, are reports of tax liabilities and payments, often including financial information used to compute the tax. A very common federal tax form is IRS Form 1040. A tax return provides information so that the taxation authority can check on the taxpayer's calculations, or can determine the amount of tax owed if the taxpayer is not required to calculate that amount.Vict ...
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