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nshelly | 2 years ago

Intuit also produces Quickbooks -- which actually is SMB accounting software, and used internationally.

As most of their revenue is from businesses who wouldn't easily be able to free-file, I wouldn't be surprised if Intuit's lobbying to prevent a free tax filing offering from the government was causing them more harm than good.

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jimbob45|2 years ago

And now QuickBooks is also a bank? Offering checking accounts? I suspect they’ve just partnered with a real bank to do so but the brand confusion is off the charts.

nshelly|2 years ago

I imagine Quickbooks is adding more features as part of an upsell. The business loans by paying invoices upfront was a bit of a ZIRP policy though (now interest rates to SMB's likely would be prohibitively high, ~15%).