PYMNTS.com May 23, 2024

Small businesses are the heart and soul of America’s Main Street.

But it can be hard to get a pulse check on how they are doing, given today’s dynamic operating environment as well as the sheer variety and volume of small businesses out there — taken together, they make up 40% of the U.S. economy and represent 99.9% of all American businesses.

Still, Intuit, which offers tax preparation software and other tools for small businesses to manage finances, including TurboTax, QuickBooks, Credit Karma and Mailchimp, has a unique vantage point on the small business sector.

And the company, which reported its third quarter 2024 earnings on Thursday (May 23), says this crucial business segment is doing just fine....

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