TurboTax

Tax Management Market Analysis 2023-2027: Projected Market Size, Growth Drivers, And Lucrative Segments - By The Business Research Company

Retrieved on: 
Tuesday, September 26, 2023

LONDON, Sept. 26, 2023 /PRNewswire/ -- As per The Business Research Company's Tax Management Global Market Report 2023, the global tax management market is experiencing a robust surge, with its size expected to increase from $18.60 billion in 2022 to $20.98 billion in 2023, reflecting an impressive compound annual growth rate (CAGR) of 12.8%. This upward trend is projected to continue, with the market size anticipated to reach $32.92 billion in 2027, demonstrating a CAGR of 11.9%. The driving factors behind the tax management market growth include increasing government support, rapid urbanization, a growing population, the adoption of digital channels, and the embrace of cloud-based approaches.

Key Points: 
  • The driving factors behind the tax management market growth include increasing government support, rapid urbanization, a growing population, the adoption of digital channels, and the embrace of cloud-based approaches.
  • Government backing plays a pivotal role in driving the tax management market , with authorities recognizing the importance of efficient tax systems in managing revenue and fostering economic growth.
  • Rapid urbanization and population growth are also contributing to the demand for streamlined tax management solutions as businesses and individuals seek efficient ways to navigate complex tax regulations.
  • In 2021, Intuit Inc. emerged as the dominant player in the tax management market , holding a substantial 19.02% tax management market share.

Tax Management Market Analysis 2023-2027: Projected Market Size, Growth Drivers, And Lucrative Segments - By The Business Research Company

Retrieved on: 
Tuesday, September 26, 2023

LONDON, Sept. 26, 2023 /PRNewswire/ -- As per The Business Research Company's Tax Management Global Market Report 2023, the global tax management market is experiencing a robust surge, with its size expected to increase from $18.60 billion in 2022 to $20.98 billion in 2023, reflecting an impressive compound annual growth rate (CAGR) of 12.8%. This upward trend is projected to continue, with the market size anticipated to reach $32.92 billion in 2027, demonstrating a CAGR of 11.9%. The driving factors behind the tax management market growth include increasing government support, rapid urbanization, a growing population, the adoption of digital channels, and the embrace of cloud-based approaches.

Key Points: 
  • The driving factors behind the tax management market growth include increasing government support, rapid urbanization, a growing population, the adoption of digital channels, and the embrace of cloud-based approaches.
  • Government backing plays a pivotal role in driving the tax management market , with authorities recognizing the importance of efficient tax systems in managing revenue and fostering economic growth.
  • Rapid urbanization and population growth are also contributing to the demand for streamlined tax management solutions as businesses and individuals seek efficient ways to navigate complex tax regulations.
  • In 2021, Intuit Inc. emerged as the dominant player in the tax management market , holding a substantial 19.02% tax management market share.

New Ultra Compact Epson RapidReceipt RR-400W Wireless Desktop Receipt Scanner To Boost Productivity

Retrieved on: 
Tuesday, September 26, 2023

LOS ALAMITOS, Calif., Sept. 26, 2023 /PRNewswire/ -- Epson America, Inc., the best-selling retail scanner brand in North America,1 today expanded its award-winning receipt scanner line with the new RapidReceipt® RR-400W Wireless Compact Desktop Receipt and Document Scanner to help organize financial documents quickly and efficiently. With the IRS planning a paperless processing initiative for future tax filing seasons to help eliminate up to 200 million pieces of paper annually,2 the ability to quickly scan and organize files will be essential. Featuring an ultra-compact, space-saving design, the RapidReceipt RR-400W delivers fast, simple receipt and invoice management, making it an ideal solution to transform physical paperwork into organized, useful digital assets.

Key Points: 
  • LOS ALAMITOS, Calif., Sept. 26, 2023 /PRNewswire/ -- Epson America, Inc., the best-selling retail scanner brand in North America,1 today expanded its award-winning receipt scanner line with the new RapidReceipt® RR-400W Wireless Compact Desktop Receipt and Document Scanner to help organize financial documents quickly and efficiently.
  • Featuring an ultra-compact, space-saving design, the RapidReceipt RR-400W delivers fast, simple receipt and invoice management, making it an ideal solution to transform physical paperwork into organized, useful digital assets.
  • Epson announces the RapidReceipt RR-400W compact scanner for help organizing documents quickly and efficiently.
  • "The RapidReceipt RR-400W offers unique features to simplify a previously daunting task, easily extracting key data into financial software such as QuickBooks®, TurboTax® and more – all without a subscription."

Intuit Launches Food Truck Program to Empower Underserved Youth with Vital Financial, Technical and Entrepreneurial Skills

Retrieved on: 
Friday, September 22, 2023

The food trucks are equipped with commercial-grade kitchens, allowing students to build real-world, hands-on skills and experiences in a professional context and setting.

Key Points: 
  • The food trucks are equipped with commercial-grade kitchens, allowing students to build real-world, hands-on skills and experiences in a professional context and setting.
  • These school districts were selected for the program based on the company's commitment to helping underserved students in its Prosperity Hub School Districts .
  • “We launched our Prosperity Hub School Districts program to address the disparity in educational equity including access to financial and entrepreneurial education programs.
  • The program will engage students from multiple career pathway programs by managing a fully operational food truck.

Intuit Introduces QuickBooks Money, a New Subscription-Free Payments and Banking Solution for Small Businesses

Retrieved on: 
Wednesday, September 13, 2023

QuickBooks Money builds on QuickBooks’ earlier fintech innovation to deliver the platform’s powerful payments and money management capabilities to small businesses in a streamlined mobile and web-enabled experience without a subscription.

Key Points: 
  • QuickBooks Money builds on QuickBooks’ earlier fintech innovation to deliver the platform’s powerful payments and money management capabilities to small businesses in a streamlined mobile and web-enabled experience without a subscription.
  • QuickBooks Money currently combines two industry-leading financial services - QuickBooks Checking and QuickBooks Payments .
  • Processing more than $125 billion in volume annually, QuickBooks Payments allows small businesses to manage all of their payments in one place.
  • Future planned enhancements to QuickBooks Money include subscription-free access to other QuickBooks small business solutions such as bill pay, in-person payments, and lending.

Intuit Announces Pricing of Senior Notes Offering

Retrieved on: 
Tuesday, September 12, 2023

Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced today that it has priced its offering of $4.0 billion aggregate principal amount of senior notes, consisting of $750.0 million aggregate principal amount of 5.250% notes due 2026, $750.0 million aggregate principal amount of 5.125% notes due 2028, $1.25 billion aggregate principal amount of 5.200% notes due 2033 and $1.25 billion aggregate principal amount of 5.500% notes due 2053.

Key Points: 
  • Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced today that it has priced its offering of $4.0 billion aggregate principal amount of senior notes, consisting of $750.0 million aggregate principal amount of 5.250% notes due 2026, $750.0 million aggregate principal amount of 5.125% notes due 2028, $1.25 billion aggregate principal amount of 5.200% notes due 2033 and $1.25 billion aggregate principal amount of 5.500% notes due 2053.
  • The offering is expected to close September 15, 2023, subject to the satisfaction of customary closing conditions.
  • Intuit intends to use the net proceeds from this offering to repay amounts outstanding under the unsecured term loan under our unsecured credit facility.
  • Before you invest, you should read the prospectus supplement and accompanying prospectus, as well as other documents Intuit has filed or will file with the SEC for more complete information about Intuit and this offering.

Intuit Hosts Annual Investor Day on Sept. 28

Retrieved on: 
Thursday, September 7, 2023

Intuit (Nasdaq: INTU), the global financial technology platform that makes TurboTax , Credit Karma , QuickBooks , and Mailchimp , will host its annual Investor Day on Sept. 28 at 8:00 a.m. Pacific Time, at its headquarters in Mountain View, CA.

Key Points: 
  • Intuit (Nasdaq: INTU), the global financial technology platform that makes TurboTax , Credit Karma , QuickBooks , and Mailchimp , will host its annual Investor Day on Sept. 28 at 8:00 a.m. Pacific Time, at its headquarters in Mountain View, CA.
  • Chief Executive Officer Sasan Goodarzi and Chief Financial Officer Sandeep Aujla will be joined by other business leaders to discuss Intuit’s strategy for fiscal year 2024.
  • The half-day event will be broadcast live via webcast on Intuit’s website and can be heard at https://investors.intuit.com/events-and-presentations/default.aspx .
  • A replay of the video broadcast will be available on Intuit’s website approximately two hours after the meeting ends.

Introducing Intuit Assist: The Generative AI-Powered Financial Assistant for Small Businesses and Consumers

Retrieved on: 
Wednesday, September 6, 2023

Intuit Assist uses powerful and relevant contextual data sets spanning small business, consumer finance, and tax to deliver personalized financial insights to our 100 million small business and consumer customers.

Key Points: 
  • Intuit Assist uses powerful and relevant contextual data sets spanning small business, consumer finance, and tax to deliver personalized financial insights to our 100 million small business and consumer customers.
  • We’re creating a future where we do the hard work for small businesses and consumers to fuel their financial success, helping them achieve their dreams,” said Sasan Goodarzi, chief executive officer of Intuit.
  • Intuit Assist will leverage rich customer data with AI and human experts to empower consumers and small business owners to more confidently make smart financial decisions.
  • Intuit Assist for Mailchimp - Small businesses, entrepreneurs, and marketers at any size business can direct Intuit Assist to do more of their marketing.

MEDIA ALERT: Intuit to Host Innovation Day to Unveil New Generative AI Platform and Product Experiences for Consumers, Small Businesses

Retrieved on: 
Tuesday, September 5, 2023

Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax , Credit Karma , QuickBooks , and Mailchimp , is hosting Intuit Innovation Day, a special virtual event on Wednesday, September 6, 2023.

Key Points: 
  • Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax , Credit Karma , QuickBooks , and Mailchimp , is hosting Intuit Innovation Day, a special virtual event on Wednesday, September 6, 2023.
  • WHAT: Join us for a special virtual event with Intuit CEO Sasan Goodarzi and the company’s executive leaders for TurboTax, Credit Karma, QuickBooks, and Mailchimp to learn how Intuit is harnessing the power of generative AI across its platform and products.
  • Intuit powers prosperity for our 100 million customers worldwide, and now the company is leveraging its investments in data and AI to create new, breakthrough experiences to transform the way consumers and small businesses prosper.
  • Intuit is uniquely positioned to lead the next wave of transformation and disruption given the company’s rich data platform, established AI foundation, commitment to data stewardship and responsible AI, and the introduction of its proprietary Intuit generative AI operating system (GenOS) .

Intuit CFO Sandeep Aujla to Present at Goldman Sachs Conference

Retrieved on: 
Wednesday, August 30, 2023

Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes TurboTax , Credit Karma , QuickBooks , and Mailchimp , announced today that Sandeep Aujla, chief financial officer of Intuit, will present at the Goldman Sachs Communacopia + Technology Conference on September 6, 2023.

Key Points: 
  • Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes TurboTax , Credit Karma , QuickBooks , and Mailchimp , announced today that Sandeep Aujla, chief financial officer of Intuit, will present at the Goldman Sachs Communacopia + Technology Conference on September 6, 2023.
  • The fireside chat will begin at 3:45 p.m. Pacific Time (6:45 p.m. Eastern Time) and will be available live via audio webcast on Intuit’s investor relations website at https://investors.intuit.com/events-and-presentations/default.aspx .
  • A replay of the webcast will be available approximately 24 hours after the presentation ends.