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    INTU   US4612021034

INTUIT INC.

(INTU)
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Intuit Accountants Announces New Products and Updates for Tax Year 2021

12/01/2021 | 09:00am EST

Intuit Accountants, from Intuit announced its new updates to its products and services including ProConnect Tax Online?, ProSeries?, and Lacerte? for the upcoming tax year 2021. Intuit works each year to offer the most efficient tools for tax professionals. Featured improvements for tax year 2021 include: updates to PTO: direct data import: drag and drop client?s tax documents directly into their return. No manual data entry with Intuit Link request needed. Smart navigation: ProConnect intelligently predicts the tax forms and suggests what is needed for a client based on data and common workflow patterns. Assign and manage work: assign and sort client returns by staff members, then re-assign each return as it changes hands within firm, to monitor team workloads and return status. Lock returns: now auto-lock e-filed returns to prevent manual entry errors and calculation updates that may alter the original e-filed tax return. Expanded eFile status: once filed, easily view the file status by return type (federal, state and extensions). Multiple preparer awareness: tax pros can get a full view of any users working on the same tax return to avoid version conflicts or overwriting each other?s work. eSignature improvements: seamlessly access eSig in workflow. Improved Account Management makes new user onboarding simple and easy for current users. Tax return reports: (Coming soon) soon export clients? data from standard tax return fields and query data based on common tax scenarios. Improved jump-to input coverage: (Coming soon) for tax form fields with multiple inputs, view a summary of sources and values included in the calculation, then quickly jump to the data input screen from the tax form field in one click. Updates to Lacerte: Verify EFIN in Lacerte: manage EFIN more efficiently directly within Lacerte. New billing profile: billing for Lacerte, Intuit eSignature, and Tax Scan and Import has been consolidated into a single wallet. Now won?t have to re-enter information every time want to make a purchase. Easy onboarding to Hosting for Lacerte: new and returning subscribers can get up and running fast with Lacerte in the cloud via automated data transfer. Lacerte Actionable Steps for Error Resolution (LASER): quickly self-resolve problems in Lacerte as they arise by making use of actionable links made available when and where need them to minimize any disruption to workflow. Lacerte 200 Federal 1040 enhancements: Now keep track of the returns you've used with an on-screen counter. Get a message when you're nearing bundle limit. eSignature improvements: Tax Pros can now batch send eSig requests on the same document from multiple signers at one go. Improved Account Management makes new user onboarding seamless and easy for current users. Tax accuracy notifications: (Coming soon) Tax pros can now receive proactive notifications about returns that were affected by tax law or other changes after filed them and what to do next. Updates to ProSeries: QuickBooks integration: updated experience with a new dialog box that can auto-detect open QuickBooks files and allows to set beginning and end dates, and the basis for a client?s return. Prior-year background color: Now know whether working on a client?s current-year return or their prior-year return based on different background colors on-screen. Integrated calculator enhancements: now, ProSeries will respond to Windows settings, grow and shrink to preferred size, and allow for three types of data entry. New billing profile: billing for ProSeries, Intuit eSignature, and Tax Scan and Import has been consolidated into a single wallet. Now won?t have to re-enter information every time want to make a purchase. HomeBase view functionality: Custom HomeBase view and filtering are now available for ProSeries Basic. And ProSeries Professional users can automatically transfer their custom views from their tax year 2020 software to their tax year 2021 software. eSignature improvements: now initiate eSig right from Homebase view, saving even more time. As a low-touch alternative to the current eSig request widget, Tax Pros can send eSig requests with a single click. Improved Account Management, along with trial awareness placements in right rail, makes new user onboarding seamless and simple for current eSig users. Tax accuracy notifications: (Coming soon) receive proactive notifications about returns that were affected by tax law or other changes after filed them and what to do next. Background updater: (Coming soon) ProSeries will soon automatically download, verify, and install updates when they?re available without disrupting workflow. Path to advisory: the new Path to Advisory paper is a comprehensive, free online guide available through the Intuit ProConnect Tax Pro Center to help firms lead with planning and advisory services. Using the collective knowledge, experience, tools, and best practices from Intuit Tax Council Members - tax professionals who help lead and shape positive change in the profession to help empower professionals to drive prosperity for clients and firms - this guide offers clear, actionable steps for firms looking to add advisory services, or firms already in the process of switching.


ę S&P Capital IQ 2021
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Financials (USD)
Sales 2022 12 303 M - -
Net income 2022 2 040 M - -
Net cash 2022 3 235 M - -
P/E ratio 2022 74,8x
Yield 2022 0,49%
Capitalization 152 B 152 B -
EV / Sales 2022 12,1x
EV / Sales 2023 10,3x
Nbr of Employees 13 500
Free-Float -
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Mean consensus BUY
Number of Analysts 23
Last Close Price 537,82 $
Average target price 716,05 $
Spread / Average Target 33,1%
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Managers and Directors
Sasan K. Goodarzi President, Chief Executive Officer & Director
Michelle M. Clatterbuck Chief Financial Officer & Executive Vice President
Brad D. Smith Executive Chairman
Atticus Tysen Chief Information Officer & Senior Vice President
Marianna Tessel Chief Technology Officer & Executive VP
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