Intuit

Open: 630.59 Close: 635.82 Change: 5.23

Our AI found some flaws in Intuit.

The game is changing. There is a new strategy to evaluate Intuit fundamental value, possible risks and most salient advantages. Investors have traditionally relied in reading large amounts of text to evaluate the fundamental value of a stock or company. However, the development of Artificial Intelligence (AI) tools is modifying the way investments are evaluated in markets. Today, machine learning, natural language processing and bigdata allow making this process automatic, reducing large amounts of text to the elements that have a higher activation in a neural network. We programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Intuit are: Intuit, free, tax, service, TurboTax, disclose, bar, and the …

Concept Map

Semantic Network

Stock Summary

Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals. The Small Business & Self-Employed segment provides QuickBooks online services and desktop software solutions. The Consumer.

Today's Summary

Federal Trade Commission bars Intuit from advertising free tax services without disclosing whos eligible U.S. regulators have barred Intuit. Intuit agreed to suspend TurboTaxs “free, free, free” ad campaign and pay $141 million in restitution to nearly 4.4 million taxpayers nationwide.

Today's News

TurboTax maker Intuit Inc. barred from advertising free tax services without disclosing whos eligible U.S. regulators have barred Intuit. In an opinion and final order issued Monday, the Federal Trade Commission ruled that Intuit engaged in deceptive practices by running ads claiming consumers could file their taxes for free. FTC issues opinion finding that turbotax maker intuit inc. engaged in deceptive practices. Intuit, QuickBooks, QB, TurboTax, Credit Karma, and Mailchimp are registered trademarks. Intuit CMO Lara Balazs talks about her plan to help the company seize a new $30 billion revenue opportunity. Intuit is entering 2024 with what it calls a branded house strategy Federal Trade Commission bars Intuit from advertising free tax services without disclosing whos eligible. Intuit will also need to clearly disclose the “terms, conditions and obligations” required for consumers to use their “free” goods or services. Intuit has appealed this deeply flawed decision to federal circuit court outside of the FTC. Intuit agreed to suspend TurboTaxs “free, free, free” ad campaign. Lacerte Tax Form Availability Tool Updated: 1/23/24. LacerTE e-file form availability tool for tax year 2023. Intuit currently has a Zacks Rank of #3 (Hold) Valuation is also important, so investors should note that Intuit has a Forward P/E ratio of 36.87 right now. Intuit has previously faced hefty charges over the marketing of free services. In a 2022 settlement signed by the attorneys general of all 50 states, Intuit agreed to suspend TurboTaxs free, free, free ad campaign and pay $141 million in restitution to nearly 4.4 million taxpayers nationwide. Intuit said it had appealed what it called the FTCs decision. TurboTax maker Intuit barred from advertising ‘free tax services without disclosing whos eligible’ Businesses can expect an FTC enforcement action if they harness the power of “free in the dishonest way Intuit did. Intuit has previously faced hefty charges over the marketing of free services. Intuit Assist for QuickBooks will be available to QuickBooks Online customers in the coming months. The vision is to have Intuit assist and access to product experts work alongside the independent accounting, bookkeeping, and tax experts who may also be connected to a small business. FTC calls TurboTax ‘Free Software Deceptive in Blow to Intuit. Intuit may still advertise TurboTax as being free if the company “discloses clearly and conspicuously and in close proximity to the ‘free claim”

Stock Profile

"Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProConnect. The Small Business & Self-Employed segment provides QuickBooks online services and desktop software solutions comprising QuickBooks Online Advanced, a cloud-based solution; QuickBooks Enterprise, a hosted solution; QuickBooks Self-Employed solution; QuickBooks Commerce, a solution for product-based businesses; QuickBooks Online Accountant; and payroll solutions, such as online payroll processing, direct deposit of employee paychecks, payroll reports, electronic payment of federal and state payroll taxes, and electronic filing of federal and state income tax returns. This segment also offers payment-processing solutions, including credit and debit cards, Apple Pay, and ACH payment services; QuickBooks Cash business bank account; and financial supplies and financing for small businesses. The Consumer segment provides TurboTax income tax preparation products and services; and personal finance. The Credit Karma segment offers consumers with a personal finance platform that provides personalized recommendations of home, auto, and personal loans, as well as credit cards and insurance products. The ProConnect segment provides Lacerte, ProSeries, and ProFile desktop tax-preparation software products; and ProConnect Tax Online tax products, electronic tax filing service, and bank products and related services. It sells products and services through various sales and distribution channels, including multi-channel shop-and-buy experiences, websites and call centers, mobile application stores, and retail and other channels. The company was founded in 1983 and is headquartered in Mountain View, California."

Keywords

Are looking for the most relevant information about Intuit? Investor spend a lot of time searching for information to make investment decisions in Intuit. This task is often burdensome and consumes huge amounts of free time. It also leads to mistakes due to fatigue and bounded rationality. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Intuit are: Intuit, free, tax, service, TurboTax, disclose, bar, and the most common words in the summary are: intuit, tax, free, turbotax, business, quickbooks, job, . One of the sentences in the summary was: Intuit agreed to suspend TurboTaxs “free, free, free” ad campaign and pay $141 million in restitution to nearly 4.4 million taxpayers nationwide.. Other searches related to this term that the AI found were: stockmarketlive, livestock, stockmarketforbeginners, thestockmarket, stockmarkettoday, stockmarkettrading, stockmarketstocks, todaystockmarket, thestockmarket, marketnews, stockmarketnews, whatisstockmarket, usstockmarket, stockmarketopen. #intuit #tax #free #turbotax #business #quickbooks #job.