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Data Recovery, Data Conversion and Accounting Migration

How Intuit’s cash cow TurboTax could be in big trouble

Credit Karma is launching a completely free tax filing service in January with support for nearly every tax situation. Nearly 34 million people used TurboTax last year to file their taxes, an increase of 12% compared to 2015. The company’s consumer tax segment generated nearly $2 billion of revenue in fiscal 2016, accounting for 42%… read more »

Intuit Launches Open Platform for added Financial Freedom

Intuit recently announced the launch of an open platform that will, for the first time, enable developers to engage with the nearly 28 million people using the company’s flagship TurboTax product. The launch of an open platform will drive innovation in financial services that solves consumers’ biggest financial challenges and help them achieve their financial… read more »

QuickBooks Latest Online New Features and Improvements

QBO Smart Invoice Here are three of the most recent innovations to help you get paid fast and save as much of the money you’ve earned as quickly as possible: 1. An integration with Apple Pay that enables merchants to get paid quickly and easily on outstanding invoices via the newly launched Apple Pay on… read more »

QuickBooks phishing con targets small businesses

This clever new scam looks like an email alert from accounting software QuickBooks, but it’s really a phishing con. What it does: You receive an email with the subject line “QuickBooks Support: Change Request.” The message is “confirming” that you changed your business name with Intuit, QuickBooks manufacturer. However, you never made such a request…. read more »

Convenient ways to pay: Apple pay now a part of QuickBooks

Users of QuickBooks will now have the ability to collect and pay invoices using Apple Pay on a Safari browser. A recent Intuit survey found that almost 70 percent of small business owners felt that giving their customers more ways to pay will help them get paid faster, boosting their cash flow and enabling long-term… read more »

Jetpack Workflow now liaised with QuickBooks Online

Jetpack Workflow, a cloud-based workflow application is now integrated with QuickBooks online. This integration allows users to pull customers from QBO and bring them into Jetpack Workflow. It also features service line items and client tags. Jetpack Workflow pushes time and billing information back into QBO for invoicing or time sheet purposes. “The majority of… read more »

QuickBooks Subscribers on the rise

Intuit Inc. reported a 9.1% increase in revenue for its fiscal first quarter with its QuickBooks Online subscribers rising to 1.6 million. For the current quarter, the company expects revenue in the range of $1.05 billion to $1.07 billion with adjusted earnings between 33 cents and 36 cents a share. Analysts surveyed by Thomson Reuters… read more »

QuickBooks Owner Intuit Partners With Google for G Suite

Intuit has struck an alliance with Google through which the two companies will integrate their cloud applications to make them easier for small businesses to use. Google and Intuit are collaborating to integrate Google’s G Suite, previously known as Google Apps for Work, and Intuit’s popular QuickBooks Online cloud accounting software. The companies have already… read more »

Bill.com Introduces Digital Payments to QuickBooks

Bill.com announced plans for a partnership with Intuit Inc. QuickBooks’ parent company, at the QuickBooks Connect Conference held this week in San Jose, Calif. The partnership will bring digital payments into QuickBooks Online and offer seamless online bill pay. “By building Bill.com’s trusted bill pay network inside of QuickBooks Online, millions of small business owners… read more »

Intuit and PayPal’s expanded integration help small businesses get paid faster

Intuit and PayPal announced they were expanding their partnership to streamline payments in efforts to help small businesses get paid faster. The deeper integration, announced at QBConnect, will allow users to send invoices, accept payments through PayPal, and track the status of their invoices. Intuit and PayPal both have worked hard to build technology that… read more »