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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]
Updated IRS Free File Options 2023. H&R Block and TurboTax. Although H&R Block and TurboTax no longer participate in the IRS Free File Program, they do offer free federal filing for simple tax ...
Pros. Affordable: TurboTax’s online filing services cost less than going directly to a CPA in your area, though you could find a lower price for similar tiers from online filing competitors ...
Intuit Inc. / 37.42722°N 122.09639°W / 37.42722; -122.09639. Intuit Inc. is an American multinational business software company that specializes in financial software. The company is headquartered in Mountain View, California, and the CEO is Sasan Goodarzi.
The American Rescue Plan Act of March 2021 is designed to assist in the United States’ recovery from the economic impact of the COVID-19 pandemic. A significant part of the plan includes the ...
Oil depletion allowance. The oil depletion allowance in American (US) tax law is an allowance claimable by anyone with an economic interest in a mineral deposit or standing timber. [1] The principle is that the asset is a capital investment that is a wasting asset, and therefore depreciation can reasonably be offset (effectively as a capital ...
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