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Intuit Further Simplifies Tax Prep for Millions of TurboTax Customers this Tax Season with Google Cloud AI
Prnewswire· 2025-04-09 12:14
With Google Cloud's Doc AI and Gemini models, TurboTax expands done-for-you tax return autofill for ten common tax forms to save time and boost accuracyLAS VEGAS, April 9, 2025 /PRNewswire/ -- Cloud Next '25, LAS VEGAS -- Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, today announced a new collaboration with Google Cloud that further simplifies tax preparation for millions of TurboTax customers this tax season. With G ...
Intuit: Steady Performance, But This Tax Leader Already Commands A High Price (Upgrade)
Seeking Alpha· 2025-04-02 20:58
Tax season has come, and despite sharp market volatility, Intuit Inc. (NASDAQ: INTU ) is faring relatively better than most. The parent company behind TurboTax and Credit Karma has benefited from its decision to diversify its revenue streams between its consumer andWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today ...
Hidden Ways to Maximize Your Tax Refund and Find Lesser-Known Deductions and Credits
GlobeNewswire· 2025-04-02 18:59
Group 1 - The IRS tax filing deadline is approaching on April 15, and many individuals, particularly younger adults, are unaware of this deadline [1][2] - TurboTax offers Full Service options to assist individuals in filing their taxes, helping to identify deductions and credits that may be overlooked [2] - The Earned Income Tax Credit can provide substantial benefits, with families having three children eligible for up to $7,830, yet one in five people miss this credit [3] Group 2 - Parents can claim valuable credits for children, including the Child Tax Credit up to $2,000 and the Child and Dependent Care Credit up to $2,100 for two or more children [3] - Educational credits are available, such as the American Opportunity Tax Credit up to $2,500 for the first four years of college and the Lifetime Learning Credit up to $2,000 for any college course [3] - The Standard Deduction has been adjusted for inflation, now set at $14,600 for single filers, $29,200 for married filing jointly, and $21,900 for head of household [3]
Intuit (INTU) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2025-04-01 22:55
Intuit (INTU) ended the recent trading session at $613.78, demonstrating a -0.03% swing from the preceding day's closing price. This change lagged the S&P 500's 0.38% gain on the day. At the same time, the Dow lost 0.03%, and the tech-heavy Nasdaq gained 0.87%. Coming into today, shares of the maker of TurboTax, QuickBooks and other accounting software had gained 2.15% in the past month. In that same time, the Computer and Technology sector lost 8.94%, while the S&P 500 lost 5.59%. The upcoming earnings rel ...
Last Year's Average Tax Refund Was Over $3,000: Here's Why You Should File Your Return Now
Newsfilter· 2025-03-18 17:59
MOUNTAIN VIEW, Calif., March 18, 2025 (GLOBE NEWSWIRE) -- With the tax return deadline just weeks away on April 15, experts say it's essential to file as soon as possible. People may be delaying their filing due to confusion around IRS layoffs and uncertainty around if and when new tax proposals will pass. There is no reason to wait to file since these proposals will not impact the 2024 taxes you are filing now. The IRS will maintain essential operations throughout tax season − so why wait to get your refun ...
Last Year’s Average Tax Refund Was Over $3,000: Here's Why You Should File Your Return Now
GlobeNewswire· 2025-03-18 17:59
MOUNTAIN VIEW, Calif., March 18, 2025 (GLOBE NEWSWIRE) -- With the tax return deadline just weeks away on April 15, experts say it's essential to file as soon as possible. People may be delaying their filing due to confusion around IRS layoffs and uncertainty around if and when new tax proposals will pass. There is no reason to wait to file since these proposals will not impact the 2024 taxes you are filing now. The IRS will maintain essential operations throughout tax season − so why wait to get your refun ...
Buy 3 Wide Moat Stocks to Tap Near-Term Upside and Long-Term Potential
ZACKS· 2025-03-18 13:00
The wide moat investment strategy implies investing in companies that not only lead their industries today but are also strategically fortified to dominate in the future. The business models of these companies possess durable competitive advantages that shield them from competitors. This strategy isn't just about short-term gains, but securing a portfolio of stocks that can weather economic storms and continue to deliver stable and predictable returns.This investment strategy features companies with unique ...
Top Wide-Moat Stocks Worth Investing in for Sustainable Growth in 2025
ZACKS· 2025-03-12 13:35
The concept of a wide moat refers to companies that possess strong, lasting competitive advantages that insulate them from competition and allow them to sustain long-term profitability. The term, popularized by Warren Buffett, likens a company’s market position to a medieval castle surrounded by a wide moat — difficult for rivals to cross and attack.Among the companies that exemplify wide economic moats are Taiwan Semiconductor Manufacturing Company Limited (TSM) , NVIDIA Corporation (NVDA) , Intuit Inc. (I ...
Intuit Under-performance Has Stemmed From Valuation Reset, Analyst Upgrades Stock
Benzinga· 2025-03-05 18:18
JP Morgan analyst Mark Murphy upgraded Intuit Inc INTU from Neutral to Overweight and raised the price target from $640 to $660.Murphy maintained his view of Intuit as a dependable, innovative, and scaled cloud platform that serves consumers, self-employed, small businesses, and mid-market customers while serving as a good steward of capital. The analyst noted stable-to-positive trending across Intuit's core businesses.Also Read: Intuit Sees AI-Driven Growth With TurboTax, Credit Karma: Analyst Raises Price ...
All You Need to Know About Intuit (INTU) Rating Upgrade to Buy
ZACKS· 2025-03-03 18:00
Core Viewpoint - Intuit (INTU) has been upgraded to a Zacks Rank 2 (Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on the Zacks Consensus Estimate, which reflects EPS estimates from sell-side analysts for the current and following years [1]. - Changes in a company's future earnings potential, as indicated by earnings estimate revisions, are strongly correlated with near-term stock price movements [4][6]. - Rising earnings estimates for Intuit suggest an improvement in the company's underlying business, likely leading to increased stock prices [5]. Zacks Rank System - The Zacks Rank stock-rating system classifies stocks into five groups based on four factors related to earnings estimates, with a proven track record of Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [7]. - The Zacks rating system maintains a balanced proportion of 'buy' and 'sell' ratings across its universe of over 4000 stocks, ensuring that only the top 5% receive a 'Strong Buy' rating [9]. Specifics on Intuit's Earnings Estimates - For the fiscal year ending July 2025, Intuit is expected to earn $19.33 per share, reflecting a 14.1% increase from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for Intuit has increased by 0.9%, indicating positive sentiment among analysts [8]. Conclusion - The upgrade of Intuit to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks in terms of estimate revisions, suggesting potential for higher stock movement in the near term [10].