Intuit
Intuit Inc. is an American multinational business software company that specializes in financial software. Headquartered in Mountain View, California, the company is led by CEO Sasan Goodarzi. Intuit's products include the tax preparation application TurboTax, the small business accounting software QuickBooks, the credit monitoring and personal finance service Credit Karma, and the email marketing platform Mailchimp. As of 2019, more than 95% of its revenue and earnings originated from its operations within the United States. Intuit is listed on the Nasdaq stock exchange and is a component of the Nasdaq-100, S&P 100, and S&P 500 stock market indices.
Intuit offered 'TurboTax Free File' alongside a similarly named but paid service, 'TurboTax Free Edition'. In 2019, investigations by ProPublica found that Intuit deliberately steered taxpayers from the free TurboTax Free File to the paid TurboTax Free Edition using tactics including search engine delisting and a deceptive discount targeted to members of the military. As of the 2021 tax filing season, TurboTax no longer participates in the Free File Alliance.
Intuit has lobbied against IRS proposals to create a free, pre-filled tax filing system. Critics of Intuit's lobbying often note that such pre-filled systems are standard in many other developed nations.
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