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TurboTax

TurboTax

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Search complete. 275 mentions across 122 episodes found for "TurboTax".

Sep 21, 2026

Chris BeemHOST
46:38
I think we should bring this in for Lenny, but I just want to make one more rant about about the condition of our government right now.
Chris BeemHOST
46:47
And that is what she says about TurboTax.
Candis Watts SmithHOST
46:50
Yes.
Candis Watts SmithHOST
46:50
And
Candis Watts SmithHOST
48:20
You know, she says that when people feel represented, they're more willing to pay taxes to get the thing that they want and over and over again.
Candis Watts SmithHOST
48:29
And so, again, I think.
Candis Watts SmithHOST
48:31
That situation with TurboTax and others, no disrespect.
Chris BeemHOST
48:35
Yeah, yeah, yeah.
John CooganHOST
63:17
And we're already seeing examples of people using it to cancel subscriptions that they're not using, get refunds.
John CooganHOST
63:23
And so there might be some economic calculus where it looks more like paying for TurboTax than browsing Instagram Reels potentially.
John CooganHOST
63:31
But how do you think about monetization?
Vinod KhoslaGUEST
63:33
ChatGPT with its subscription service proved that consumers will pay if there's enough value.
Eric EggersGUEST
40:57
but okay.
Larry O'ConnorHOST
40:59
Damn you, TurboTax.
Larry O'ConnorHOST
41:03
What does this look like, though, on the voter rolls? Basically, any of us that were hoping for the Save America Act or any other reforms between now and Election Day this year, it's done, right? That was the last chance?
Eric EggersGUEST
41:15
Yeah, the Save America Act is not going to happen, but I would say things to be encouraged by are the fact that the Department of Homeland Security is using whatever tools they have, which include holding back money for these states that say, listen, we want to run citizenship verification through ironically i believe their database is called the safe database uh you know states are states are not willingly compliant with that some states are not however ironically you know they do give the same information to this uh other database called eric which is supposed to be something that keeps you know makes it eliminates double registrants gets rid of non-citizens but it doesn't do that at all it actually is sort of like a get out the vote operation for democrat voters it's a whole scandal that we could talk about So the Democrat states that don't participate with Homeland Security are hypocritical.
Charlie StoverHOST
9:37
There's a lot of business owners who don't have accountants who should.
Charlie StoverHOST
9:40
There's a lot of business owners who just file their taxes on TurboTax and don't know how to write things off.
Charlie StoverHOST
9:47
They don't tax plan.
Charlie StoverHOST
9:48
And tax planning is an investment that you make so that you can save thousands or tens of thousands of dollars.
Jack FarleyHOST
48:57
Like some of those stocks may be trading at all time highs, but Intuit is the classic like, oh no, this is quote unquote old school software.
Jack FarleyHOST
49:04
And the market still thinks of it as a, AI loser which perhaps it is but I'm saying is like Intuit is not the company that's like oh yeah we're creating AI agents to do your TurboTax for you I don't think that they are so as such it's definitely the stock you know of the software stocks it's you know definitely has not rebounded nearly as much as the other ones
David BuschGUEST
49:25
I think that the logic and the fact pattern behind that, that assumption is, is well grounded because again, you know, who's, I'm sure somebody out there is, is developing their own personal tax planning software, but in mass, I just don't see it happening.
David BuschGUEST
49:41
And so I think that from a technology perspective, again, it goes back to that first order, second order, third order thinking, which is how I general, which is the thinking that I generally apply to the markets, which is, Who are the initial entrants into it? Who's going to build out the infrastructure? And then third order, who's going to adopt it fastest? And who's going to benefit from the adoption of the technology? And I think we'll start to see that play out over the next several quarters.
Shuya GongSOUNDBITE_SPEAKER
22:09
So I would think about it less as lying to someone who's going through this experience and more about curating the experience to put in the physics that have traditionally existed in these experiences to make people feel comfortable.
Nick FountainHOST
22:27
Sure, but at a certain point, this all gets more sinister, like TurboTax.
Nick FountainHOST
22:34
TurboTax has these little status updates.
Nick FountainHOST
22:37
As you go from section to section, an animation pops up where they say, "We're checking to make sure you've got all your deductions or credits," or whatever.
Nick FountainHOST
22:44
But a few years back, someone looked into the code and found that the animation was the same for everyone, no matter what.
Nick FountainHOST
22:52
Took the same amount of time.
Nick FountainHOST
22:54
And I guess the question is, is TurboTax trying to make us feel at ease during the frankly scary process of filing taxes? Or are they using the labor illusion to convince us that it's worth it to pay gobs of money for something we could do for free?
Alex MaiassiHOST
23:10
Yeah.
Victoria FernandezGUEST
1:18
They talked a lot of it in their shareholder meeting this week, really going after mid-sized businesses.
Victoria FernandezGUEST
1:25
Increasing financial services that they have and doing the assisted tax preparation, which for one, since I use TurboTax myself, I would be happy with that.
Victoria FernandezGUEST
1:33
But really embracing AI right now and doing their Intuit intelligence platform to really do kind of soup to nuts for businesses across the board, especially midsize businesses.
Nicole PetallidesHOST
1:47
We've seen a lot of recovery in software names in the aftermath of the SaaSpocalypse, particularly within the past month.
Victoria FernandezGUEST
2:18
They're trying to put things out that will help bring customers in.
Victoria FernandezGUEST
2:21
They've got free businesses that they can use in some of their software items or very low costs that they're doing to try to bring more customers in, and they're trying to get people across more elements.
Victoria FernandezGUEST
2:35
You don't just use TurboTax, but you use QuickBooks or you use MailChimp or many of their items.
Victoria FernandezGUEST
2:41
So they're working on that, but it hasn't been as successful as they wanted it to be.
Sanjeev MohanGUEST
5:13
For example, instead of renting movies from Blockbuster or buying DVDs and CDs, we got into Netflix and Spotify.
Sanjeev MohanGUEST
5:24
Instead of doing taxes manually, we got into TurboTax.
Sanjeev MohanGUEST
5:29
So there was a lot of changing in the way things were done, but not the task itself.
Sanjeev MohanGUEST
5:36
Today, I think we are even changing what needs to be done from level up.
Andrew MengHOST
1:41
You don't need to file any of the state and any with the federal.
Andrew MengHOST
1:44
Just when you report your taxes at the end of the year, you just literally write into TurboTax or tell your accountant, hey, my business made this much money or it lost this much money.
Andrew MengHOST
1:56
There's like additional form you can file in your taxes that in a previous year, you probably just click skip on or doesn't apply to me.
Andrew MengHOST
2:03
That's all.
Tom ConradHOST
25:01
Then what? Then what's going to be the excuse? Because if you're saying that that's the reason, let's go.
Tom ConradHOST
25:08
In fact, we'll go into TurboTax right now and we'll do your taxes.
Tom ConradHOST
25:16
Then we're going to go to the airport.
Tom ConradHOST
25:19
Oh, but yeah, but you know, once my taxes are done, then I'm going to have to, oh gosh, what do I do about this? It's always something.

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