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There's a monopoly to a first-order approximation. Apparently TurboTax has ~70% market share for tax preparation software, and TurboTax + H&R Block have ~95% m
by ethbr0 3y ago
There's a monopoly to a first-order approximation.
Apparently TurboTax has ~70% market share for tax preparation software, and TurboTax + H&R Block have ~95% market share. [0]
But even that's still a heck of a lot more competitive and responsive than if the IRS shipped the only tax prep solution.
[0] https://secondmeasure.com/datapoints/tax-prep-2021-turbotax-hrblock-blucora/ https://secondmeasure.com/datapoints/tax-prep-2021-turbotax-...
- refurb 3y agoNo, not even by "first order approximation" because plenty of returns are done without any software at all, or done by professionals with different software.