AI Is Coming for TurboTax, but This Tax Software Stock Could Still Win for Long-Term Investors
Key Points
AI tools like Claude are already matching parts of what TurboTax-style software does for taxpayers.
Incumbent tax players may defend profits by launching higher-priced, AI-assisted do-it-for-you services.
- 10 stocks we like better than Intuit ›
AI is rapidly reshaping tax preparation, putting traditional software companies like Intuit (NASDAQ: INTU) under pressure while opening doors to higher‑touch, AI‑assisted services and stronger moats around guarantees and data. Watch the video below to see how this disruption could impact investors.
*This video was published on April 24, 2026.
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Jon Quast has no position in any of the stocks mentioned. Matt Frankel, CFP has no position in any of the stocks mentioned. Toby Bordelon has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends HubSpot and Intuit. The Motley Fool has a disclosure policy.
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