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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. [1] TurboTax was developed by Michael A. Chipman of Chipsoft in 1984 and was sold to Intuit in 1993. [2] [3]
Right now, the free TurboTax alternative only works for taxpayers with simple filings like a W-2 or standard deduction. However, the Treasury plans to "expand the reach and tax scope" it offers in ...
It looks like the Internal Revenue Service (IRS) truly was working on a free TurboTax alternative like earlier reports had claimed.The US tax authority has announced that it will start pilot ...
Well, TurboTax and H&R Block probably aren't going anywhere. After all, the US tax prep and filing industry is still worth about $14 billion. Latest Stories. Engadget.
Direct File, as the service is called, is a shot across the bows of TurboTax, H&R Block and other paid tax prep services, whose owners have resisted free and simple tax filing for decades.
An agreement TurboTax, rival H&R Block, and other preparers signed with the government back in 2002 expressly banned the IRS from offering a free tax-filing option that would compete with private ...
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