By Dan GallagherOnce again, an extension of tax season will tweak Intuit's business flow. The Internal Revenue Service said Wednesday this year's tax filing deadline for individuals has been extended to May 17. But much of that acceleration appears to be due to Credit Karma, which Intuit acquired in December. Intuit expects Credit Karma to add between $545 million and $580 million in revenue this year. But the bigger near-term question is whether Intuit can expand its nontax business while also growing TurboTax beyond the do-it-yourself crowd.
Source: Wall Street Journal March 20, 2021 13:52 UTC