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The IRS Is Reducing Audits on Low- and Moderate-Income Filers. Here's What You Need to Know

The Motley Fool

Image source: Getty Images Many of us have seen a tax audit play out in a movie or TV show. The IRS does not have the financial resources to send teams of agents to the door of every single tax filer whose return seems a bit off. That said, most people would rather not have their taxes audited. This shift makes sense.

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Mr. Cooper Group (COOP) Q1 2024 Earnings Call Transcript

The Motley Fool

Thanks to fast portfolio growth and impressive operating leverage, servicing income reached $273 million. Turning to Originations, our team did a great job generating $32 million in pre-tax income while continuing to be an industry leader in retention. On a year-over-year basis, the portfolio is up 33%. How does Pyro help us?

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Intuit (INTU) Q2 2024 Earnings Call Transcript

The Motley Fool

All of those documents are available on the Investor Relations page of Intuit's website at intuit.com. Let's start with tax. Tax preparation represents a $35 billion TAM. This includes $31 billion within the assisted consumer and business tax categories, which we have barely started to penetrate. More than 80% of U.S.

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Intuit (INTU) Q1 2024 Earnings Call Transcript

The Motley Fool

All of those documents are available on the investor relations page of Intuit's website at intuit.com. Consumer group revenue growth reflects a strong finish to the tax extension season. We remain focused on transforming the assisted consumer and business tax categories with TurboTax Live. Third, QuickBooks.

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Adobe (ADBE) Q3 2024 Earnings Call Transcript

The Motley Fool

We saw strength across Creative Cloud, Document Cloud, and Experience Cloud, achieving revenue of $5.41 Our vision revolves around Adobe's deep technology platforms across Creative Cloud, Document Cloud, and Experience Cloud, which when integrated provide significant differentiation and value. Adobe had an outstanding third quarter.

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Bank of America (BAC) Q1 2024 Earnings Call Transcript

The Motley Fool

Our earnings release documents are available on the Investor Relations section of the bankofamerica.com website, and that includes the earnings presentation that we will be referring to during the call. I trust that everyone's had a chance to review the documents. billion after tax and EPS of $0.76. We reported net income of $6.7

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MongoDB (MDB) Q3 2025 Earnings Call Transcript

The Motley Fool

To that end, we are leveraging the learnings from early service engagement to develop new tools to accelerate future modernization efforts. In addition, as previously announced, we are bringing search and vector service to our community and EA offerings, leveraging our run anywhere competitive advantage in the world of AI.

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