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Innovating in San Diego since the mid-1980s, scientific programmer Michael A. Chipman believed software could help make taxes easier, and formed ChipSoft. Meanwhile, in Palo Alto, Scott Cook watched his wife struggle to balance the family checkbook, and began thinking of possible tech solutions. Through flagship products TurboTax, QuickBooks, and Mint, Intuit is a financial platform company that gives everyone the opportunity to prosper. During the next few years, the organization expanded rapidly by targeting taxpayers who relied on paper returns.<\/p>\n
For over 30 years, TurboTax products have ranked as the No. 1 bestselling tax software. 98% of QuickBooks customers agree it\u2019s a simpler way to manage their business. With the advent of online filing of tax returns at the turn of the millennium, Intuit pioneered the market. Intuit was the most prominent provider of personal finance software solutions in the United States during this time. Consumers were also largely unaware of internet-based tax filing in the 1990s. Just as imitation is the sincerest form of flattery, some of the strongest evidence of TurboTax\u2019s success lies in the response of their competitors.<\/p>\n
Those who cannot file with the free edition should use the Deluxe. I have completed a significant portion and am at the sale of stocks portion. No where yet has TT asked to download my TD Ameritrade electronic file. Rateher, it is asking me to input individual sales transactions..<\/p>\n
The programming error was reportedly fixed, but as of 2012 Turbo Tax offers no option to download a data file directly from the financial institution. Instead, it prompts the user for their login name and password at the financial institution or permits the data to be entered by hand. A growing number of Americans have turned to the Internet to file their taxes, using sites that crunch their numbers and zap returns to the Internal Revenue Service at lower cost. That shift has sent Intuit Inc. and H&R Block Inc., the companies that have long dominated the U.S. market for tax-preparation software, scrambling to retool their business models. Intuit estimates that more than 10 million people now file returns online.<\/p>\n
\nTurbotax review 2011: TurboTax is\u00a0 software package\u00a0 tax preparation initially developed by Michael A. Chipman o… http:\/\/bit.ly\/dIT8mK<\/p>\n
— kadisera online (@kadiseranews) February 18, 2011<\/a><\/p><\/blockquote>\n