And interestingly, Intuit also owns QuickBooks, the leading business accounting software in the US. TurboTax is the most popular American tax filing software. In 1993, Intuit purchased the company, which continues to develop and market TurboTax. Businesses also use it to perform the same activity.Ĭhipsoft, an American software company, created the first version of TurboTax in 1984. TurboTax is a software package for preparing and filing tax returns to the American and Canadian tax authorities, known as the IRS and CRA.
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