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The Latest Breaking News from Intuit

Is TurboTax Really Free? FTC Clamps Down On Deceptive Advertising Practices

The FTC has barred Intuit from advertising its services as "free" unless they are genuinely free for all customers or if eligibility is explicitly disclosed.

International Business Times

The FTC bars TurboTax maker Intuit from advertising 'deceptive' free services

Regulators say the company advertised "free" tax filing products and services that many Americans were ineligible for. Intuit called the opinion "deeply flawed."

WEKU

Intuit told to stop promoting "free" software unless everyone can actually use them

TurboTax maker Intuit has been found guilty of misleading advertising; told to revise ads for “free” products and services.

TechRadar

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HR leaders on how AI is changing recruiting and talent management

And how to balance recruiting for AI skills on the marketplace versus upskilling your existing team members.

Fortune

Intuit (INTU) Post-Earnings Assessment: A Software Stock to Watch?

Intuit (INTU) posted robust results for its fiscal first quarter, surpassing the top and bottom-line consensus estimates. Given the rising optimism, let’s analyze some key financial metrics to gauge its prospects better.

StockNews.com

3 B-Rated Software Stocks Promoting Gains

While macroeconomic challenges remain, technological breakthroughs in the software industry have boosted development and innovation. Therefore, fundamentally strong software stocks Microsoft (MSFT), Intuit (INTU) and Progress Software (PRGS) might be solid buys now. These stocks are rated B (Buy) in our proprietary rating system. Read on.

StockNews.com

Art Institute hopes to broaden its scope

The institute’s new small gallery announces big intentions.

Chicago Sun-Times

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Who is responsible for AI? It isn't always the CEO

Regardless of the structure, many say policies and frameworks should be in place to make sure employees aren’t going rogue.

Fortune

Business leaders share their best practices when implementing AI

Leaders from companies like Intuit and Nationwide will share the playbook they follow to implement AI and how they do this responsibly.

Fortune

Future of Finance: TaxBit’s Argalas on the benefits of FinTech-TradFi collaboration, and how clear crypto rules would help everyone

Argalas ascended to the top position at TaxBit in June after previously serving as chief operating officer.

Fortune

Intuit spent billions in a massive bet on A.I. and just revealed its new virtual assistant

Will millions of tax filers and small business owners trust personalized advice from A.I.? CEO Sasan Goodarzi is betting the future of his company that they will.

Fortune

Democrats accuse tax prep firms of undermining new IRS effort on electronic free file tax returns

Congressional Democrats are accusing big tax preparation firms including Intuit and H&R Block of undermining the federal government’s upcoming electronic free file tax return system

The Independent UK

A.I. could boost earnings nearly 20% by replacing human jobs, Goldman says. These are the short- and long-term winners of the boom

Goldman’s vice president of U.S. equity strategy, Ryan Hammond, believes an A.I.-enabled productivity and cost-cutting boom will boost corporate earnings for years to come.

Fortune

Affirm Holdings (AFRM) vs. Intuit (INTU): Which Stock Is More Likely to Beat Earnings on Thursday?

The operator of digital commerce platform Affirm Holding (AFRM) and financial tech company Intuit (INTU) are scheduled to report their fourth quarter and fiscal year 2023 results tomorrow after the market close. Let’s determine which stock is more likely to beat earnings expectations. Continue reading….

StockNews.com

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The Independent UK

IRS steps toward a new free-file tax return system have both supporters and critics mobilizing

Plans by the IRS to test a new electronic free-file tax return system next year have got supporters and critics of the idea mobilizing over whether the government should set up a permanent program to help people file their taxes without needing to pay somebody else to figure out what…

Chicago Sun-Times

Things to do in Chicago July 6-12: The Mix

Millennium Park movies, the Chosen Few picnic and the Square Roots festival are among the entertainment highlights of the week ahead.

Fortune

How a Fortune 500 tech company is helping transgender employees weather an anti-trans backlash

Financial-software giant Intuit has listened to and stood up for its transgender staff at a pivotal time.

Chicago Sun-Times

‘Prairie Boat’ highlights attention to work at Beaubien Woods

“Prairie Boat,” a new gathering space at Beaubien Woods, highlights changes and updates at the often neglected site on the Southeast Side.

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news in one place.

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The Guardian - US

Amazon and Google fund anti-abortion lawmakers through complex shell game

Blue-chip companies gave to Republican group funneling money to lawmakers who overturned abortion-ban veto in North Carolina

Barchart

Traders May Be Overreacting to Less-Than-Ideal News for Intuit (INTU)

Although tax-prep software specialist Intuit delivered a mixed earnings performance and incurs possible governmental competition, INTU stock remains a relevant idea.

Kiplinger

Will an IRS Tax Prep Service Replace H&R Block or TurboTax?

IRS Direct File has some wondering if people will leave H&R Block and TurboTax and let the IRS do their taxes.

The Independent UK

IRS moves forward with free e-filing system in pilot program to launch in 2024

The IRS is planning to launch a pilot program for a government-run, online tax filing system that’s free for all

Reason

Simplify the Tax Code Instead of Creating an IRS Rival to TurboTax

Americans collectively spend billions of hours each year preparing their taxes. Rather than adding a government-run website into the mix, politicians should just simplify the tax code.

Barchart

Stocks Rise on Optimism About the Debt Ceiling

The S&P 500 Index ( $SPX ) ( SPY ) is up +0.09%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is up +0.01%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is up +0.35%. U.S. stock index futures this morning are moderately higher...

Fortune

Would you trust the IRS to prepare your taxes? Upcoming report could lead to government-run tax prep option

Pending report could set off a number of fights.

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People

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