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QuickBooks is an accounting software package developed and marketed by Intuit.First introduced in 1992, QuickBooks products are geared mainly toward small and medium-sized businesses and offer on-premises accounting applications as well as cloud-based versions that accept business payments, manage and pay bills, and payroll functions.
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. [5] [6] 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 ...
Quicken is a personal finance management application originally developed and offered by Intuit, Inc. Intuit sold Quicken to H.I.G. Capital in 2016, [1] and H.I.G. sold Quicken to Aquiline Capital Partners in 2021. [2] Quicken runs on Windows and Mac systems, though the data is incompatible between the two versions.
Intuit "opposes IRS government tax preparation", particularly allowing taxpayers to file pre-filled returns for free, in a system similar to the established ReadyReturn service in California. The company also lobbied on bills in 2007 and 2011 that would have barred the Treasury Department, which includes the IRS, from initiating return-free filing.
QFX is used in Intuit's "Web Connect" and "Direct Connect" features to transmit and receive financial information over the internet. [1] [2] [3] A QFX file is a standard OFX file with additional fields to support a licensing fee paid by institutions to Intuit. In contrast, the standard OFX format is a free and open standard. [4]
Proulx [5] was the first person Cook met and subsequently co-founded Intuit. Proulx was the first programmer of the first version of Quicken, and the first Apple and Radio Shack versions. He obtained a patent for finding a way for a computer to verify that a user had correctly inserted blank checks in a dot matrix printer.
From April 1983 to April 1994, he served as president and CEO of Intuit. [ 3 ] In 2002, Cook and his wife, Signe Ostby, established the Center for Brand and Product Management at the University of Wisconsin–Madison School of Business , the nation's first university-based center focused exclusively on training MBAs in brand and product management.
GnuCash is an accounting program that implements a double-entry bookkeeping system.It was initially aimed at developing capabilities similar to Intuit, Inc.'s Quicken application, [9] but also has features for small business accounting. [10]
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