Intuit, Inc. (NASDAQ:INTU) has announced that it is making it easier for small businesses to take advantage of the HIRE Act. The payroll service’s update will ensure than over 1 million businesses that use Intuit Payroll Services will receive every penny of the new tax credits they are eligible for. The services will also provide aid for new employers so that they can efficiently hire and pay their first employee. The company’s Small Business Employment Index was released earlier this month, showing small businesses with less than 20 employees have seen improvement with the use of the software.
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Intuit Inc. (Intuit) is a provider of business and financial management solutions. The Company operates in seven segments: Financial Management Solutions, which includes QuickBooks financial and business management software and services, technical support, and financial supplies; Employee Management Solutions, which provides payroll products and services for small businesses; Payments Solutions, which provides merchant services for small businesses, including credit and debit card processing; Consumer Tax, which includes TurboTax income tax preparation products and services for consumers and small businesses; Accounting Professionals, which includes Lacerte and ProSeries professional tax products and services; Financial Institutions, which consists of outsourced online services for banks and credit unions, and Other Businesses, which includes Quicken personal finance products and services. On July 23, 2009, the Company acquired PayCycle, Inc.
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