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| Vanguard Teams With Quicken TurboTax To Offer Free Online Tax Preparation And Filing Services |
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SAN DIEGO, Calif. -
December
07,
1999 -
Intuit Inc. (NASDAQ: INTU) today announced that it has teamed with The Vanguard Group, the nation's second largest mutual fund firm, to offer registered users of the company's website, www.vanguard.com, free usage of Quicken® TurboTax® for the WebSM, the leading online tax preparation and filing service. The offer will be available in mid-January 2000. This is the second consecutive year Intuit has partnered with Vanguard.
"Vanguard is very pleased to offer this widely popular service free to our shareholders who have online account access to help ease the burdens that are associated with preparing taxes," said Shelton S. Unger, principal, Vanguard Online Services. "Last year, tens of thousands of Vanguard shareholders filed their taxes online via TurboTax for the Web and realized the many benefits this service brings."
Vanguard's offering will include free federal and state tax preparation and electronic filing for the fastest refunds. TurboTax for the Web, which conveniently brings all the simplicity and expertise of the #1-selling TurboTax program to the Web, will be available in mid-January 2000. Last year, a quarter of a million taxpayers prepared their tax return using TurboTax for the Web, and all tax filers will again be able to access the service this year at www.turbotax.com.
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About Quicken TurboTax
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Quicken TurboTax is the #1-selling tax preparation software program, with approximately 70% retail unit share in 1999, according to PC Data. Its Web-based counterpart, Quicken TurboTax for the Web, is the leading site for online tax preparation and filing. In addition, Intuit offers Quicken TurboTax Home & Business (designed exclusively for self-employed taxpayers) and Quicken TurboTax for Business for Corporations and Partnerships. With 16 years of personal finance expertise, the TurboTax family of products saves time and money for millions of Americans each year.
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About Vanguard
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The Vanguard Group, headquartered in Valley Forge, Pennsylvania, is the nation's second largest mutual fund firm and a leading provider of company sponsored retirement plan services. Vanguard serves 14 million shareholder accounts and manages some $525 billion, including more than $145 billion in participant-directed defined contribution retirement plans. Vanguard offers 103 funds to U.S. investors and 21 additional funds in foreign markets.
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About Intuit Inc.
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Intuit Inc. (NASDAQ: INTU) is the leader in e-finance, including financial software and Web-based services. Intuit develops and markets Quicken, the leading personal finance software; TurboTax, the best-selling tax preparation software; and QuickBooks, the most popular small business accounting software. Intuit's Quicken.com™ Website (www.Quicken.com) is a leading financial Website, offering a comprehensive set of financial news, information and tools, including insurance, mortgage, investment and tax preparation services. Intuit's products and services enable individuals, small businesses and financial professionals to better manage their financial lives and businesses.
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Intuit, the Intuit logo, Quicken, QuickBooks and TurboTax, among others, are registered trademarks and/or registered service marks of Intuit Inc. or one of its subsidiaries. Quicken.com and Quicken TurboTax for the Web, among others, are trademarks and/or service marks of Intuit Inc. Other parties' trademarks or service marks are the property of their respective owners and should be treated as such.
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