Sasan Goodarzi announced that it planned to acquire Credit Karma for $7.1 billion. On August 3, 2020, Intuit announced its acquisition of TradeGecko for $100 million. On September 13, 2021, Intuit announced its acquisition of Mailchimp for $12 billion. Lobbying Intuit has lobbied extensively against the IRS providing taxpayers with free pre-filled forms, as is the norm in developed countries. In 2009, the Los Angeles Times reported that Intuit spent nearly $2 million in political contributions to eliminate free online state tax filing for low-income residents in California. According to the New York Times, from 2009 to 2014, Intuit spent nearly $13 million lobbying, as reported by OpenSecrets, as much as Apple. Intuit spent $1 million on the race for the California state comptroller to support Tony Strickland, a Republican who opposed ReadyReturn, against John Chiang, a Democrat who supported ReadyRun (and won). Joseph Bankman, professor of tax law, Stanford Law School, and advocate of simplified filing, believes that the campaign warned politicians that if they supported free filing, Intuit would help their opponents. On March 26, 2013, ProPublica reported that the company lobbied against return-free filing as recently as 2011. One year later, ProPublica reported that the company appeared to be linked to a number of op-eds and letters to Congress in a campaign advocating against direct tax filing backed by the Computer & Communications Industry Association, an advocacy organization of which Intuit is a member. Lawsuits An antitrust lawsuit and a class-action suit relating to cold calling employees of other companies were settled out of court along with Apple and Google. In March 2015, The Washington Post and computer reporter Brian Krebs reported that two former employees alleged that Intuit knowingly allowed fraudulent returns to be processed on a massive scale as part of a revenue-boosting scheme. Both employees, former security team members for the company, stated that the company had ignored repeated warnings and suggestions on how to prevent fraud. One of the employees was reported to have filed a whistleblower complaint with the US Securities and Exchange Commission. See also Comparison of accounting software APS Payroll Automatic Data Processing (ADP) H&R Block Paychex Paylocity Corporation Reckon Square (payment service) SurePayroll Sage Software TaxACT Xero References Citations General references - recounts the early years of Intuit, including the aborted acquisition by Microsoft. Intuit to Make Health 'Quicken' – Health Data Management, April 13, 2006 CIGNA to offer