TurboTax maker Intuit nears agreement to buy Credit Karma for $7 billion: Report

TurboTax maker Intuit nears agreement to buy Credit Karma for $7 billion: Report

Intuit Inc. is close to a $7 billion deal to acquire personal-finance portal Credit Karma Inc. and beef up its position in the consumer-finance market, the Wall Street Journal reported. The newspaper reported that the deal could be announced as soon as Monday. According to the deal, Credit Karma will function as a stand-alone business with its chief executive, Kenneth Lin, remaining in charge.

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Most countries have return free taxes where they do every thing including telling you your deductions and what you get back. However companies like turbotax and liberty tax fight those laws to keep profits up. https://www.taxpolicycenter.org/briefing-book/what-other-countries-use-return-free-tax-filing

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