Intuit Inc. (INTU - Free Report) recently announced that it is partnering with automated proposal and payment management software — Practice Ignition (PI) — to improve end-to-end workflow for tax professionals.
The partnership will enable tax professionals to automate compliance and other administrative tasks, enabling them to focus on the long-term tax goals of their clients, thus increasing their productivity.
Intuit’s ProConnect Tax Online, combined with PI, will also help small businesses plan their finances and recover from the COVID-19 blow. PI will help professionals engage with their clients, while ProConnect will help them quickly and efficiently work on their tax returns.
Intuit offers professional tax offerings — Lacerte, ProSeries, ProFile and ProConnect Tax Online — through its Strategic Partner segment, which serves professional accountants in the United States and Canada who are essential to the success of small businesses and also tax preparation and filing.
The company has been proactively assisting small businesses with information and guidance regarding financial and tax benefits amid the pandemic.
In February this year, Intuit’s TurboTax launched a new campaign — Little Lifts — to help Canadian individuals and small businesses struggling financially due to COVID-19. As part of the campaign, throughout Canada’s tax season, the TurboTax team identified Canadians who needed support in finances and taxes and provide that support wherever possible.
Moreover, in January, the company updated Intuit Aid Assist (IAA), a free website, with two interactive tools to help eligible small business owners and the self-employed assess their eligibility for federal relief and related tax credits from the Coronavirus Response and Relief Supplemental Appropriations Act.
Moreover, partnerships with key companies are helping Intuit gain market share. Last month, its personal finance app, Mint, and Rocket Mortgage, part of Rocket Companies, announced an extension of their partnership where Mint users can get approvals to purchase a home entirely digitally, within the Mint app - powered by Rocket Mortgage’s API.
Further, in February, Intuit announced its partnership with Octopus Energy to empower its employees and QuickBooks Online (QBO) customers in the U.K. to transition to renewable energy as part of its 2030 climate positive goal.
These partnerships and humanitarian efforts are helping Intuit gain customer loyalty and broaden its customer base.
Zacks Rank & Stocks to Consider
Intuit currently carries a Zacks Rank #3 (Hold).
A few better-ranked stocks in the broader technology sector are Ubiquiti Inc. (UI - Free Report) , Vishay Intertechnology (VSH - Free Report) and Etsy, Inc. (ETSY - Free Report) , each sporting a Zacks Rank #1 (Strong Buy), at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The long-term earnings growth rate for Ubiquiti, Vishay Intertechnology and Etsy is currently pegged at 32.94%, 20.26% and 25.25%, respectively.
Zacks Top 10 Stocks for 2021
In addition to the stocks discussed above, would you like to know about our 10 best buy-and-hold tickers for the entirety of 2021?
Last year's 2020Zacks Top 10 Stocks portfolio returned gains as high as +386.8%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don’t miss your chance to get in on these long-term buys.
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Intuit Inc. (INTU - Free Report) recently announced that it is partnering with automated proposal and payment management software — Practice Ignition (PI) — to improve end-to-end workflow for tax professionals.
The partnership will enable tax professionals to automate compliance and other administrative tasks, enabling them to focus on the long-term tax goals of their clients, thus increasing their productivity.
Intuit’s ProConnect Tax Online, combined with PI, will also help small businesses plan their finances and recover from the COVID-19 blow. PI will help professionals engage with their clients, while ProConnect will help them quickly and efficiently work on their tax returns.
Intuit offers professional tax offerings — Lacerte, ProSeries, ProFile and ProConnect Tax Online — through its Strategic Partner segment, which serves professional accountants in the United States and Canada who are essential to the success of small businesses and also tax preparation and filing.
The company has been proactively assisting small businesses with information and guidance regarding financial and tax benefits amid the pandemic.
In February this year, Intuit’s TurboTax launched a new campaign — Little Lifts — to help Canadian individuals and small businesses struggling financially due to COVID-19. As part of the campaign, throughout Canada’s tax season, the TurboTax team identified Canadians who needed support in finances and taxes and provide that support wherever possible.
Moreover, in January, the company updated Intuit Aid Assist (IAA), a free website, with two interactive tools to help eligible small business owners and the self-employed assess their eligibility for federal relief and related tax credits from the Coronavirus Response and Relief Supplemental Appropriations Act.
Moreover, partnerships with key companies are helping Intuit gain market share. Last month, its personal finance app, Mint, and Rocket Mortgage, part of Rocket Companies, announced an extension of their partnership where Mint users can get approvals to purchase a home entirely digitally, within the Mint app - powered by Rocket Mortgage’s API.
Further, in February, Intuit announced its partnership with Octopus Energy to empower its employees and QuickBooks Online (QBO) customers in the U.K. to transition to renewable energy as part of its 2030 climate positive goal.
These partnerships and humanitarian efforts are helping Intuit gain customer loyalty and broaden its customer base.
Zacks Rank & Stocks to Consider
Intuit currently carries a Zacks Rank #3 (Hold).
A few better-ranked stocks in the broader technology sector are Ubiquiti Inc. (UI - Free Report) , Vishay Intertechnology (VSH - Free Report) and Etsy, Inc. (ETSY - Free Report) , each sporting a Zacks Rank #1 (Strong Buy), at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The long-term earnings growth rate for Ubiquiti, Vishay Intertechnology and Etsy is currently pegged at 32.94%, 20.26% and 25.25%, respectively.
Zacks Top 10 Stocks for 2021
In addition to the stocks discussed above, would you like to know about our 10 best buy-and-hold tickers for the entirety of 2021?
Last year's 2020Zacks Top 10 Stocks portfolio returned gains as high as +386.8%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don’t miss your chance to get in on these long-term buys.
AccessZacks Top 10 Stocks for 2021 today >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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