Intuit Inc. is an American business that specializes in financial software. The company is headquartered in Mountain View, California, and the CEO is Sasan Goodarzi. As of 2019, more than 95% of its revenues and earnings come from its activities within the United States.
In 1993, Intuit acquired Chipsoft, a tax preparation software company based in San Diego. In 1994, Intuit acquired the tax preparation software division of Best Programs of Reston, VA. In the same year, Intuit acquired Parsons Technology from Bob Parsons for $64 million.
This acquisition allowed Intuit to offer a payroll processing platform through its Quick. Books software program. In December 1999, Intuit purchased Rock Financial for a sum of $532M. The company was renamed Quicken Loans.
Where do Intuit’s revenues come from?
As of 2019, more than 95% of its revenues and earnings come from its activities within the United States. Intuit’s products include the tax preparation application Turbo. Tax, personal finance app Mint and the small business accounting program Quick, and books.
What are Intuit’s tax products?
Intuit’s products include the tax preparation application Turbo. Tax, personal finance app Mint and the small business accounting program Quick, and books. Intuit has lobbied extensively against the IRS providing taxpayers with free pre-filled forms, as is the norm in other developed countries.
Is Quicken Loans owned by Intuit?
In December 1999, Intuit purchased Rock Financial for a sum of $532M. The company was renamed Quicken Loans. In June 2002, Rock Financial founder Dan Gilbert led a small group of private investors in purchasing the Quicken Loans subsidiary back from Intuit.
When did Chipsoft buy Intuit?
In 1993, they agreed to be acquired by Chipsoft, manufacturer of the U. Personal income tax software Turbo, and tax. Shortly after the WINTAX acquisition, Chipsoft agreed to merge with Intuit, the developer of the Quicken financial software.
Does Intuit Own Credit Karma?
MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)– Intuit ( Nasdaq: INTU ), proud maker of Turbo, tax, quick Books and Mint, today announced that it has completed its acquisition of Credit Karma, Inc, the consumer technology platform with more than 110 million members in the U.