Whois & Analysis for turbotax.com

TurboTax is an American tax preparation software package developed by Michael A. Chipman of Chipsoft in the mid-1980s.

Intuit acquired Chipsoft, based in San Diego, in 1993.

Chipsoft, now known as Intuit Consumer Tax Group, is still based in San Diego, having moved into a new office complex in 2007.

Intuit Corporation is headquartered in Mountain View, California.

A tax refund or tax rebate is a refund on taxes when the tax liability is less than the taxes paid.

Taxpayers can often get a tax refund on their income tax if the tax they owe is less than the sum of the total amount of the withholding taxes and estimated taxes that they paid, plus the refundable tax credits that they claim.

(Tax refunds are money given back at the end of the financial year).

Most individual U.S. states collect a state income tax in addition to federal income tax.

The two are separate entities.

Some local governments also impose an income tax, often based on state income tax calculations.

Forty-three states and many localities in the United States may impose an income tax on individuals.

Forty-seven states and many localities impose a tax on the income of corporations.

Tax preparation is the process of preparing tax returns, often income tax returns, often for a person other than the taxpayer, and generally for compensation.

Tax preparation may be done by the taxpayer with or without the help of tax preparation software and online services.

Tax preparation may also be done by a licensed professional such as an attorney, certified public accountant or enrolled agent, or by an unlicensed tax preparation business.

Because United States income tax laws are considered to be complicated, many taxpayers seek outside assistance with taxes (59.2% of individual tax returns in 2007 were filed by paid preparers).

The remainder of this article describes tax preparation by someone other than the taxpayer.

A tax (from the Latin ) is a financial charge or other levy imposed upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state to fund various public expenditures.

A failure to pay, or evasion of or resistance to taxation, is usually punishable by law.

Taxes consist of direct or indirect taxes and may be paid in money or as its labour equivalent.

Most countries have a tax system in place to pay for public/common/agreed national needs and government functions: some levy a flat percentage rate of taxation on personal annual income, some on a scale based on annual income amounts, and some countries impose almost no taxation at all, or a very low tax rate for a certain area of taxation.

Some countries also charge a tax on corporate income, dividends, or distributions—this is often referred to as double taxation as the individual shareholder(s) receiving this payment from the company will also be levied some tax on that personal income.