The Rising Demand For TurboTax Software
Posted by srpatterson3 (#1) 3569 days ago (http://2009taxes.org)030511 (Photo credit: DennisSylvesterHurd)
TurboTax Software Demand Increases Intuit Profit
Intuit Incorporated announced a twenty percent rise in quarterly profits, as demand for their TurboTax Software grows. However,the firm appeared to show a loss on it’s fourth-quarter profit income and profit outlook. Intuit states it expects an overall loss of ten to twelve cents a share on an estimated income of between $683 million to $713 million for the fourth quarter.
The company initially forecast an estimated loss of between two and four cents a share on an income between $710 million to $720 million.
The company is based in … Read more at 2009 Taxes
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