A federal lawsuit filed Monday in San Francisco pits two leading tax preparation firms in a war over, among other things, the question of which firm offers tax preparation services to taxpayers more cheaply.

The firms -- Intuit Inc. and H&R Block Inc. -- are both heavyweights in the tax preparation business.

Intuit is a financial software company based in Mountain View known for its flagship products: QuickBooks, Mailchimp, Mint and Credit Karma, as well as its tax preparation software TurboTax.

The company was founded in 1983 when businessman Scott Cook hired Stanford computer science student Tom Proulx to design the computer-based personal accounting software that became Quicken. Today the company has about 14,000 employees in nine countries and in 2023 generated $11 billion in revenue. According to Elizabeth Berger, Intuit's director of customer and business strategy, "last year, 45 million returns were filed using TurboTax's tax-preparation products."

H&R Block was organized in 1955 and is headquartered in Kansas City, Missouri. The company provides global tax preparation services and financial products. According to its financial documents, H&R Block prepared 20 million tax returns and generated revenues of $3.5 billion in the 2023 fiscal year.

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The filing includes a declaration from Berger who says the "TurboTax brand has built an enduring positive reputation in...

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