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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]
The company was founded in 1983 by Scott Cook and Tom Proulx in Palo Alto, California. [12] [13] [14] [15]Intuit was conceived by Scott Cook, whose prior work at Procter & Gamble helped him realize that personal computers would lend themselves towards replacements for paper-and-pencil based personal accounting. [16]
Both TaxAct and TurboTax streamline the importation of familiar documents like W-2s and prior-year returns, but TurboTax also makes it easy to grab information from its own QuickBooks services and ...
TurboTax makes it easy to switch from rival providers with the simple import of PDFs. Like TurboTax, H&R Block lets users switch their returns from last year’s software provider.
As you prepare for Tax Day, you might be overwhelmed by the options available for filing your taxes online. You've probably heard of TaxAct and TurboTax, two of the most popular tax-filing ...
TaxAct Holdings, Inc. was founded in 1998 as 2nd Story Software by Lance Dunn, Jerry McConnell, Cammie Greif, and Alan Sperfslage. [1] [2]In 2000, a cloud-based version of TaxAct software was released. [2]
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