After 20 years, Intuit continues to transform business and financial management for small businesses, accounting professionals and consumers. The company's goal is to create new ways to manage finances and small businesses that are so profound and simple, customers cannot imagine going back to the old way.
Intuit's "Right for My Business" strategy for small business customers delivers specially designed, industry-specific business management solutions, and develops accounting solutions for bigger, more complex businesses. Intuit also offers a broad array of tools to help businesses process payroll, manage employees, administer benefit programs and offer retirement plans. What began as small business accounting with QuickBooks® software is now a more comprehensive set of seamless services that go beyond accounting to help small businesses manage other aspects of their operation.
Intuit continues to expand its tax preparation offerings, providing powerful and easy-to-use products and services to taxpayers and accounting professionals. For individual taxpayers, Intuit offers TurboTax® software, the No. 1-selling tax software program in the U.S. and TurboTax for the WebSM, the most popular online tax preparation and filing service. Intuit pioneered Instant Data Entry, which permits taxpayers to download 1099 investment data and W-2 wage data directly from the source into their tax returns. ProSeries® and Lacerte® are Intuit's industry-leading tax preparation software suites for professional accountants. One in four individual tax returns completed in the U.S. is prepared with an Intuit tax product.
Intuit remains focused on helping consumers with money management. Introduced in 1984, Quicken® software, the company's first product, has become synonymous with personal finance. In 1995, the company leveraged the power of the Internet by adding online banking and bill payment to Quicken through Quicken.com. Today, Intuit is the leading provider of customer connectivity, working with more than 2,000 financial institutions that represent nearly one fourth of all online banking users in the U.S.
Intuit is traded on the Nasdaq Stock Market under the symbol INTU. Headquartered in Mountain View, Calif., Intuit employs approximately 7,500 people with major offices in 13 states across the U.S. and offices in Canada and the United Kingdom. The company had annual revenue of more than $1.6 billion in its fiscal year 2003.