Intuit Inc. has announced an integration that promises to revolutionize tax preparation and filing. Credit Karma members and QuickBooks Online customers can now seamlessly prepare and file their taxes through TurboTax within their existing Credit Karma and QuickBooks Online platforms.
TurboTax: A Multifaceted Tax Solution
TurboTax offers a comprehensive range of tax solutions catering to individuals, families, and small businesses. Whether customers prefer a full-service, assisted, or DIY approach, TurboTax adapts to their comfort level, including within the Credit Karma and QuickBooks Online environments.
Intuit’s Vision for Seamless Tax Filing
Mark Notarainni, Executive Vice President and General Manager of Intuit’s Consumer Group highlighted the vision behind this integration: “Our vision is to deliver the trusted TurboTax experience to individuals and small businesses however they want to file and where they want to file, including across the Intuit ecosystem of products and services.”
Credit Karma: Fast, Accessible Filing for Individuals
Credit Karma members can now file federal and state taxes at no cost in some cases, potentially completing the process in as little as 10 minutes. Additionally, they can access their refunds up to five days early or opt for a Refund Advance loan in certain scenarios. Credit Karma also provides personalized guidance for maximizing refunds.
QuickBooks Online: Tailored for Small Businesses
QuickBooks Online now offers small business customers the convenience of moving directly from bookkeeping to tax filing. With this integration, small businesses can maximize deductions and remain compliant, receiving unlimited expert assistance from QuickBooks Live Tax services.
QuickBooks Live Tax Services
- Full-Service Tax: S-Corps, multi-member LLCs, and partnerships can fully delegate their tax filing to experts.
- Assisted Tax: Sole proprietors and single-member LLCs receive expert advice for self-employment taxes.
Matt Lisowski, Vice President of Product Management at Intuit, emphasized the time-saving benefits: “We’re offering small businesses peace of mind by providing tax experts to prepare and file taxes with the best outcome guaranteed, along with year-round guidance from accounting experts to maximize their daily business moves all from within QuickBooks.”
Pricing and Guarantees
Prices for QuickBooks Live Tax services start at $169, payable upon filing. With Intuit’s 100% Accuracy, expert-approved guarantee, maximum refund guarantee, and audit support guarantee, small businesses can file with complete confidence.
This innovative integration by Intuit marks a significant step in simplifying tax preparation and filing, especially beneficial for small businesses and individual filers. With technology streamlining these essential processes, customers can focus more on their core activities and financial well-being.
Image: Intuit