|
TurboTax
TurboTax is a software package for preparation of American and Canadian 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 engaged in a multi-million dollar lobbying campaign 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 State 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 delibe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TurboTax Basic 2003 Box Disc And Store Receipt
TurboTax is a software package for preparation of American and Canadian 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 engaged in a multi-million dollar lobbying campaign 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 State 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 deliberat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Intuit
Intuit Inc. is an American multinational 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, the small business accounting program QuickBooks, the credit monitoring and personal accounting service Credit Karma, and email marketing platform Mailchimp. more than 95% of its revenues and earnings come from its activities within the United States. Listed on Nasdaq, the company is a component of the Nasdaq-100, S&P 100, and S&P 500 stock market indices. Intuit offered 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 deli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Filing
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. 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. United States income tax laws are considered to be complicated, leading many taxpayers to seek outside assistance with taxes (53.5% of individual tax returns in 2016 were filed by paid preparers). Commercial tax preparation companies have extensively lobbied against the Internal Revenue Service (IRS) creating its own free online system of tax filing like those that exist in most other wealthy c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Free File Alliance
The Free File Alliance is a group of tax preparation companies which operate a public-private partnership with the Internal Revenue Service (IRS) to provide free IRS e-file, electronic tax filing services under the IRS Free File, Free File program to United States taxpayers meeting certain guidelines. The IRS stipulates filers must have an adjusted gross income (AGI) of $84,000 or less for tax year 2024 to qualify, but participating companies can set their own requirements and restrictions. The IRS Free File program is a compromise between the IRS and for-profit tax software companies that enables lower and middle-income filers to file their taxes for free while ensuring the IRS does not develop its own free-to-use tax software that would compete with private, for-profit tax software companies. Free File Alliance is a 501(c)(4) organization registered as Free File, Inc., and based in Clifton, Virginia. Its executive director is Tim Hugo. While many of the Free File Companies offer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CalFile
CalFile is the current tax preparation program/service of the California Franchise Tax Board (FTB). ReadyReturn is the former tax preparation program initiated by the FTB as a pilot in 2005, tax returns for the 2004 tax year, based on their 2003 tax data, went out to 51,850 taxpayers receiving a "pre-populated" form based on financial information reported to the FTB by employers and banks. Recipients were single, no-dependents, standard-deduction, only-wage-income, one-employer, with a maximum adjusted gross income of $139,917. The purpose of ReadyReturn was to make it easier for taxpayers to file their returns, and to make the filing process more accurate and faster. CalFile and ReadyReturn at one point coexisted for different taxpayer categories.Ventry, Dennis J. Jr''Intuit’s Nine Lies Kill State E-Filing Programs and Keep ‘Free’ File Alive''/ref> In 2015, ReadyReturn's best features were included in CalFile, and ReadyReturn was no longer a separate program. Read ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Free File
The IRS Free File Program is a service that allows U.S. taxpayers to prepare and e-file their federal income tax returns free. Through the program, commercial tax software companies that are part of the Free File Alliance offer free tax preparation software to tax filers with annual adjusted gross income (AGI) below $84,000 for Tax Year 2024. The AGI is adjusted and typically increases slightly for each tax-filing season.IRS.govwww.irs.gov/freefile/ref> The service is available through the IRS's website awww.irs.gov/freefile Free fillable forms also are available to all taxpayers as part of the Free File Program. More than 65 million American taxpayers have used Free File since its inception in 2003. Using a conservative savings estimate of $30 per return, the IRS Free File Program has saved taxpayers nearly $2 billion that they otherwise would have spent for tax preparation during this period. Through the program, 70% of U.S. taxpayers are eligible to use commercial software f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TaxAudit
TaxAudit is the public brand name of American tax firm TaxResources, Inc., which specializes in tax representation for individuals and small businesses, providing audit defense and tax debt relief services. TaxResources, Inc. was founded in 1988. The firm became the exclusive provider of Intuit Corporation's TurboTax Audit Defense in 1999. TaxAudit is the largest audit defense firm in the United States. They are headquartered in Folsom, California, with additional offices in Southern California. Overview TaxAudit is a membership organization that offers prepaid audit defense and representation services when a member receives an income tax audit. They also provide audit defense services for taxpayers who are not members and tax debt relief services. TurboTax Since 1999, TaxAudit has been the provider of TurboTax TurboTax is a software package for preparation of American and Canadian income tax returns, produced by Intuit. TurboTax is a market leader in its product seg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
H&R Block Tax Software
H&R Block Tax Software, formerly called H&R Block at Home, is a set of software packages for American income tax preparation offered by H&R Block. They are a main competitor of TurboTax and TaxAct. As of 2014, both the online and software versions of the product go by the flagship name, H&R Block. It was previously called "TaxCut". and from 2008 to 2013 named "H&R Block at Home". H&R Block offers in-person tax filing and consumer tax software for online tax preparation and electronic filing (e-file) from their website. There are a variety of software and online products offered by H&R Block, including, H&R Block Online Free, H&R Block Online Deluxe, H&R Block Online Premium, H&R Block Basic Tax Software, H&R Block Deluxe Tax Software, H&R Block Premium Tax Software and H&R Block Premium & Business Tax Software. Either the online or software versions will prepare and file one's federal and state income tax returns with the IRS with the option of electronically filing (e-filing) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TaxAct
TaxAct Holdings, Inc. is an American tax preparation software company based in Cedar Rapids, Iowa. The company offers its own software package "TaxAct" to individual tax registers, companies and professional affiliates. The company was founded in 1998. History TaxAct Holdings, Inc. was founded in 1998 as ''2nd Story Software'' by Lance Dunn, Jerry McConnell, Cammie Greif, and Alan Sperfslage. In 2000, a cloud-based version of TaxAct software was released. In 2004, TA Associates, a private equity firm based in Boston, acquired two-thirds of the company for $89 million. In October 2010, H&R Block said it would pay $287.5 million in cash to acquire the parent firm of TaxAct. In May 2011 the U.S. Department of Justice attempted to stop the acquisition in an antitrust lawsuit. In November 2011, a federal judge sided with the Justice Department, and both companies mutually terminated the contract. In January 2012, 2nd Story Software was sold to Seattle-based Blucora (formerly Info ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
