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Legislation Delays Cause TurboTax To Prepare For Short Tax Season

Posted by srpatterson3 (#1) 4156 days ago (http://2012tax.org)

TurboTax 2012Intuit Inc., which is the maker of the tax software TurboTax 2012, is getting ready for the tax season to begin late in 2012.With the changes that are occurring in tax laws it is possible that the filing deadlines may be pushed to later in the year. This could cost the company a delay in revenue of $50 million to $75 million. This could translate into a 10 cent to 15 cent loss in t