Name: Lacerte Tax
Brand: Intuit
SKU: 68376dbb26d6bc4d1b6210c1
Rating: 4.4 (14 reviews)

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Lacerte Tax

By Intuit

Categories Associated

Corporate Tax Software

Overview of Lacerte Tax Software Company

Lacerte Tax is a professional tax preparation software developed by Intuit Inc., a global financial technology company known for products like TurboTax, QuickBooks, and Mint. Lacerte is designed for accounting firms and tax professionals handling complex and high-volume tax returns.

Founding and Growth

Founded by: Larry Lacerte in the late 1970s.
Acquired by Intuit: In the late 1990s for approximately $400 million.
Lacerte became one of the most trusted names in tax software, especially for firms dealing with multi-entity and high-net-worth clients.

Funding and Valuation

As part of Intuit, Lacerte does not have separate funding rounds.
Intuit Inc. is a publicly traded company (NASDAQ: INTU) with a market cap exceeding $150 billion as of 2025.
Lacerte’s value is embedded in Intuit’s Professional Tax Group, which also includes ProSeries and ProConnect Tax Online.

Product Offerings and Features

Lacerte is known for its depth, accuracy, and automation. Key features include:

7,200+ tax forms supported, including 1040, 1120, 1065, 1041, 990, and more.
25,000+ automated diagnostics to catch errors and ensure compliance.
Intuit Tax Advisor: A new AI-powered tool for generating personalized tax strategies.
e-Signature integration, document management, and client portals.
QuickBooks integration for seamless data transfer.
Cloud-hosted options via Right Networks for remote access and collaboration.
Easy Start onboarding with data migration and training support.

Acquisitions and Product Expansion

Lacerte itself was acquired by Intuit.
Since then, Intuit has expanded the ecosystem with:
- SmartVault for document management.
- Intuit Practice Management for workflow automation.
- Intuit Tax Advisor for strategic planning.

Lacerte Tax AI and New Features

Recent innovations include:

AI-powered tax planning via Intuit Tax Advisor.
Auto background updates for seamless software maintenance.
Real-time collaboration tools for remote teams.
Expanded cloud hosting with access to 35+ workflow apps in the Advanced package.

Company Culture and Values

As part of Intuit, Lacerte shares its parent company’s values:

Customer obsession: Deep focus on solving real problems for tax professionals.
Innovation: Emphasis on AI, automation, and cloud-first solutions.
Integrity and trust: Strong compliance and data security standards.
Diversity and inclusion: Intuit is consistently ranked among top employers for workplace culture.

User Base and Community

Lacerte is used by tens of thousands of tax professionals across the U.S.
Especially popular among mid-sized and large accounting firms.
Supported by a vibrant Intuit Accountants Community, where users share tips, updates, and best practices.
Offers live support, webinars, and continuing education for users.