Intuit's SnapTax Arrives in Canada; Makes Tax Filing as Simple as Point, Tap, File

MISSISSAUGA, ON, Feb. 29, 2012 /CNW/ - If a picture's worth a thousand words, a snapshot of your tax return information may be worth much more. The maker of Canada's No. 1-selling tax software, TurboTax, wants you to file your taxes in a snapshot, using just a T4 slip and an iPhone or iPod touch.

SnapTax, the innovative point-and-shoot tax preparation app from Intuit takes only minutes to prepare and file simple tax returns. Users can finish tax chores in record time, bringing that hoped-for refund much closer to their bank account.

"Nothing comes close to SnapTax. You take a picture, review the forms and file. Just like TurboTax, the calculations are guaranteed accurate," said Jeff Cates, president of Intuit Canada. "We know Canadians love their iPhones and iPod touches, and know they're using them for just about everything these days. With SnapTax that now includes getting their maximum tax refund!"

Point, Tap, File. Done.

Filing taxes with SnapTax is as easy as point, tap and file.

• Point: Download SnapTax from the App Store, and then simply take a picture of your T4 slip; SnapTax does the rest. SnapTax's state-of-the-art optical character recognition technology automatically populates your tax information into an electronic form using TurboTax software.
• Tap: After snapping your pic, tap through a few basic questions about your life, so SnapTax can determine whether the government owes you any money through tax credits. As you answer, SnapTax shows a running tally of your progress - showing you exactly how much you'll get back - or owe.
• File: Double-check the numbers to make sure they're accurate and simply tap "File Now" to electronically NETFILE your return in minutes. In a snap, you're done.

The only thing left is deciding how to spend your refund - or sending a payment.

Security First
Just like TurboTax, SnapTax protects privacy by encrypting transactions with the same Secure Sockets Layer (SSL) technology used by Canadian banks. And because no tax information is stored on your iPhone or iPod touch, your information is safe and sound if you misplace or lose your device.

Pricing and Availability
Canadians can download and try SnapTax for free on iTunes. After entering information, it costs $9.99 to submit their return through NETFILE.

About Intuit Canada
Intuit Canada ULC is a leading provider of business, financial and tax management solutions for small- and mid-sized businesses, consumers and accounting professionals. Its flagship products and services, including Quicken®, QuickBooks® Enterprise Solutions, SuccèsPME, TurboTax, and ImpôtRapide^MC, simplify personal finance, accounting software and tax preparation and filing.

Additional offerings include ProFile®, a professional tax preparation software suite, the QuickBooks ProAdvisor Program and the Intuit Developer Network for professional users and developers. All are provided by Intuit Canada or through its partners.

Intuit Canada has employees across and offices in Edmonton, Alb., and Mississauga, Ont. Intuit Canada is an affiliate of Intuit Inc., which is listed on the Nasdaq.

Further Information:
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