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This has already been settled; Square will take Credit Karma Tax to prevent Intuit from absorbing a competitor. https://www.forbes.com/sites/jonathanponciano/2
by tdhoot 6y ago
This has already been settled; Square will take Credit Karma Tax to prevent Intuit from absorbing a competitor.
https://www.forbes.com/sites/jonathanponciano/2020/11/25/doj-forces-credit-karma-to-sell-tax-unit-to-square-71-billion-intuit-turbotax-takeover-antitrust/?sh=1da79ccf2dc8 https://www.forbes.com/sites/jonathanponciano/2020/11/25/doj...
- tzs 6y agoI wonder how they are going to handle the Credit Karma Tax name? According to this announcement [1] from 2020-12-03, Intuit has completed the acquisition of Credit Karma. I logged in to Credit Karma today to do my taxes, and the tax link on the main page took me to tax.creditkarma.com where I found the familiar Credit Karma tax stuff, with a notice on the bottom of the page that says: > Tax preparation services are provided by Credit Karma Tax, Inc. a subsidiary of Square, Inc. So, it appears that Square is indeed now handling it, but it is still tied in with Intuit's Credit Karma. I wonder if that is just some transitory thing for the 2020 tax year and for 2021 it will be on a Square domain, and the Credit Karma mail site will link to TurboTax for tax prep instead? [1] https://investors.intuit.com/news/news-details/2020/Intuit-Completes-Acquisition-of-Credit-Karma/default.aspx https://investors.intuit.com/news/news-details/2020/Intuit-C...