Feb 20 Intuit Inc, maker of
tax-preparation software TurboTax, reported a second-quarter
loss due to a delayed start to the U.S. tax-filing season.
The company reported a net loss of $37 million, or 13 cents
per share, in the quarter ended Jan 31, compared to a net income
of $71 million, or 23 cents per share, a year
Earlier this month, Intuit cut its estimate for the quarter
after the U.S. Internal Revenue Service delayed by 10 days to
Jan. 31 the date on which Americans could begin filing their
2013 tax returns.
The IRS said the delay was due to complications related to
the government shutdown in October.