This quarter’s spotlight falls on Intuit. Recognized as one of the world’s authorities on accounting management software for personal and small business markets, they continue to develop even “quicker” solutions for the future. Intuit has been a distinguished member of the Legacy community bringing the highest standard of excellence to the market place.
After 20 years, Intuit continues to transform business and financial management for small businesses, accounting professionals and consumers. The company's mission is to create new ways to manage personal finances and small businesses that are so profound and simple, customers cannot imagine going back to the old way.
Intuit's "Right for My Business" strategy for small business customers delivers specially designed, industry-specific business management solutions, and develops accounting solutions for bigger, more complex businesses. Intuit also offers a broad array of tools to help businesses process payroll, manage employees, administer benefit programs and offer retirement plans. What began as small business accounting with QuickBooks® software is now a more comprehensive set of seamless services that go beyond accounting to help small businesses manage other aspects of their operation.
Intuit continues to expand its tax preparation offerings, providing powerful and easy-to-use products and services to taxpayers and accounting professionals. For individual taxpayers, Intuit offers TurboTax® software, the No. 1-selling tax software program in the U.S. and TurboTax for the Web , the most popular online tax preparation and filing service. Intuit pioneered Instant Data Entry, which permits taxpayers to download 1099 investment data and W-2 wage data directly from the source into their tax returns.
ProSeries® and Lacerte® are Intuit's industry-leading tax preparation software suites for professional accountants. One in four individual tax returns completed in the U.S. is prepared with an Intuit tax product.
Intuit remains focused on helping consumers with money management. Introduced in 1984, Quicken® software, the company's first product, has become synonymous with personal finance. Over the past two-decades, more people have bought Quicken than all other personal finance software products combined. Quicken has grown to become much more than just a checkbook register and is now an integrated family of products and services that continue to revolutionize the way people manage all aspects of both their personal and small business finances.
Intuit has given back to the community through a variety of charitable efforts over the years. Most notably, through the Intuit Tax Freedom Project, Intuit donates use of TurboTax® for the Web SM to disadvantaged and underserved taxpayers who meet eligibility criteria that are announced annually at the beginning of the tax season. More than 7 million returns have been donated since this program began in 1998. A pretty amazing endeavor in and of itself!
Founded in 1983, Intuit had annual revenue of nearly $1.9 billion in its fiscal year 2004. The company has nearly 7,000 employees with major offices in 13 states across the U.S., and offices in Canada and the United Kingdom.
We salute Intuit, our spotlight company for the Summer Edition of The Legacy Voice. More information can be found at www.intuit.com