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'We want our PM to come forward and say that Trump is saying rubbish,' says John Brittas in Rajya Sabha
'We want our PM to come forward and say that Trump is saying rubbish,' says John Brittas in Rajya Sabha

Time of India

time15 hours ago

  • Politics
  • Time of India

'We want our PM to come forward and say that Trump is saying rubbish,' says John Brittas in Rajya Sabha

NEW DELHI: Communist Party of India (Marxist) MP John Brittas on Wednesday criticised Prime Minister Narendra Modi in the Rajya Sabha for not speaking about US President Donald Trump 's claims on the Pahalgam terror attack . Brittas said the Pulwama attack was one of the biggest security failures in independent India and said "New Bharat" seems to be celebrating past failures. Addressing the Rajya Sabha during a special discussion on Operation Sindoor, Brittas said, "This so-called 'New Bharat' is turning into a celebration of past failures, be it the Parliament attack, Uri, Pulwama, or Pahalgam. Pulwama, in fact, remains one of the biggest security failures in independent India's history." Brittas said the Prime Minister spoke for over an hour in Parliament but did not mention Trump. He urged the PM to clearly say that "Donald Trump is saying rubbish" and condemn the statement. "I listened carefully to Prime Minister Modi's 1-hour-42-minute-long reply in Parliament yesterday. Not once did he mention Donald Trump. Why is he afraid to speak? "...We want our PM to come forward and say that Donald Trump is saying rubbish, and we condemn it. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Uncover cards that can help you get seat upgrades Intuit Credit Karma Learn More Undo And we will support you (Government)," he added. Speaking earlier in the Upper House today, Union Minister JP Nadda accused the previous Congress-led UPA government of "inaction" over repeated terror strikes during its tenure. Nadda said that despite repeated terror attacks from Pakistan, the Congress government continued with confidence-building measures. "While they kept firing bullets at us, we went ahead to offer them biryani," the minister said in Rajya Sabha during a special discussion on Operation Sindoor. "...We need to understand the limits of their (then Congress govt) appeasement that after 2008 Jaipur bomb blasts by Indian Mujahideen, India and Pakistan agreed on a specific confidence-building hume goliyoon se bhunte rahe aur hum unko birykhilane gave permission for a triple-entry permit to cross LoC..." Nadda said no strong steps were taken after major attacks like the 2005 Delhi blasts, the 2006 Varanasi and Mumbai train bombings. He added that despite these incidents, trade and tourism with Pakistan continued.

Intuit Launches Intelligent Automations to Simplify Accounting for Businesses
Intuit Launches Intelligent Automations to Simplify Accounting for Businesses

Business Wire

time2 days ago

  • Business
  • Business Wire

Intuit Launches Intelligent Automations to Simplify Accounting for Businesses

LONDON--(BUSINESS WIRE)-- Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced today the launch of a series of new product innovations in Intuit QuickBooks, that deliver a more intelligent and automated accounting experience for businesses and their accountants across international markets. These enhancements reflect Intuit's commitment to continuous innovation—delivering both everyday efficiencies and breakthrough capabilities that redefine how businesses run and grow, and how accounting is done. They also mark the ongoing evolution of the Intuit platform, offering all-in-one-place business solutions that leverage AI to automate everyday tasks and manage complex workflows, bringing together the data they need, and eliminating the use of multiple disconnected tools. The full suite of innovations can be explored in detail at Intuit's new QuickBooks Launchpad; a central resource supporting users in staying up-to-date with what's new and what's next, in terms of product features and innovations. 1. QuickBooks Payments Late payments remain a significant challenge for businesses, with 73% of UK SMBs impacted by delayed payments, and 31% spending 20–30 hours per month chasing customers​. Intuit has introduced a faster, more secure way to enable invoices to be settled*. QuickBooks Payments, now available in beta, allows QuickBooks users to connect their bank account to a pay now button on invoices, so that their customers can complete a direct payment in just a few clicks. Payments are automatically reconciled, keeping books up to date with minimal manual effort. This new functionality is fully integrated with QuickBooks Online and works across all devices, supporting quicker settlement times, and with competitive transaction fees. 2. AI-Powered Bank Feed Categorising bank transactions is one of the most repetitive and error-prone tasks in accounting. Intuit's new AI-powered bank feed in QuickBooks addresses this by learning from users' previous actions and suggesting categories based on historical patterns. Each suggestion is accompanied by a clear explanation, allowing users to review, approve, or amend with confidence—streamlining workflows and improving accuracy. This enhanced feed offers more accurate categorisation suggestions, allows for inline editing of fields (like category, supplier, class, location, and product/service), and provides payee suggestions with the ability to add new payees directly from the bank feed. This significantly boosts efficiency and provides full transparency on why each suggestion was made, allowing users to maintain control, whilst leveraging AI as much or as little as is needed. 3. Out-of-the-box support for depreciation methods Calculating depreciation on business assets can be complex, particularly for mid-sized businesses managing extensive or ageing asset portfolios. Intuit has streamlined and automated how its customers track the depreciation of fixed assets in QuickBooks Online Advanced, which now supports reducing balance depreciation, expanding its fixed asset capabilities to better meet the needs of finance teams. Previously limited to straight-line depreciation, users can now apply the reducing balance method by entering a rate, with QuickBooks automatically handling the calculations and updating reports. This approach provides a more accurate reflection of asset value over time. By automating this popular depreciation calculation and providing new filtering options of categories in the asset register, Intuit helps customers reduce manual errors, maintain compliance with accounting standards, and supports real-time reporting. 4. Construction Industry Scheme (CIS) enhancements Managing CIS obligations can be complex for contractors and their advisors. QuickBooks Advanced, Plus, Essentials and Simple Start plans now allow users to automatically bulk-send monthly CIS statements to subcontractors directly after filing. This update cuts hours of repetitive work each month, helping users stay organised and audit-ready. To further support compliance, new CIS reminders enable users to schedule email alerts ahead of each month's deadline. Admin users within QuickBooks can set up reminders and receive the alerts via email, making it easier to submit returns on time and avoid late filing penalties. QuickBooks also now supports direct subcontractor verification with HMRC. Users can check subcontractor status within the platform, store Government Gateway credentials securely, and view the date of verification, to help users know when re-verification is due. By reducing manual steps and consolidating key CIS tasks, these features offer a more efficient, compliant way to manage construction industry obligations. Ciarán Quilty, Senior Vice President of International at Intuit said: 'As businesses grow in size and complexity, we know that they need a financial technology platform that provides deeper customisation, enhanced automation and features to get critical jobs done. We're committed to listening to our customers to help businesses and accountants work smarter, not harder, whilst gaining the financial expertise and confidence they need to succeed. Driven by direct feedback from our customers, these latest innovations are powerful examples of how we're using AI to simplify financial workflows, improve accuracy, and give our customers more time to focus on what matters most. We're re-imagining our entire connected business platform and I couldn't be more excited about what's coming.' Aaron Patrick, ACA, FMAAT, and Head of Accounting at Boffix Ltd said: 'I jumped at the chance to switch to the new QuickBooks experience, and the AI-powered bank feed alone has already saved hours of manual review and given my clients greater confidence in their records. As an accountant, I'm especially looking forward to the roll out of the enhancements to CIS. This will help us deliver compliance more quickly and free up time to focus on providing more support for our clients.' Disclaimer: This information is intended to outline our general product direction, but represents no obligation and should not be relied on in making a purchasing decision. Additional terms, conditions and fees may apply with certain features and functionality. Eligibility criteria may apply. Product offers, features, and functionality are subject to change without notice. *Based on a 2023 survey commissioned by Intuit QuickBooks of 2,008 small-medium business owners. About Intuit Intuit is the global financial technology platform that powers prosperity for the people and communities we serve. With approximately 100 million customers worldwide using products such as TurboTax, Credit Karma, QuickBooks and Mailchimp, we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us at and find us on social for the latest information about Intuit and our products and services. Intuit Limited registered in England (Company No.: 2679414) Registered address and principal place of business: 5th Floor Cardinal Place, 80 Victoria Street, London, SW1E 5JL, England.

Intuit Launches New App Partner Program to Drive Growth for Third-Party Developers and Enhance Customer Experiences
Intuit Launches New App Partner Program to Drive Growth for Third-Party Developers and Enhance Customer Experiences

Globe and Mail

time3 days ago

  • Business
  • Globe and Mail

Intuit Launches New App Partner Program to Drive Growth for Third-Party Developers and Enhance Customer Experiences

Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, today announced the new Intuit App Partner Program, designed to foster innovation and provide enhanced support for its Intuit QuickBooks and Intuit Enterprise Suite app ecosystem. The new program introduces an improved developer experience, access to new APIs, and go-to-market initiatives that help developers and businesses on the Intuit platform grow. For more than two decades, the Intuit Developer program has been instrumental in powering millions of QuickBooks customer experiences through thousands of integrated applications. With access to the Intuit App Marketplace, businesses on the Intuit platform use apps to meet their unique industry-specific needs, streamline processes with deep data flows, and save time with integrated, done-for-you experiences that drive growth, all in one place. The new Intuit App Partner Program builds on this legacy, providing an industry-leading, engaging approach that encourages deeper partnerships and collaboration with developer partners of all sizes. "We're deeply committed to investing in our app ecosystem and empowering developers to integrate innovative and high-quality applications for our shared customers," said Joshua Hofmann, Vice President, Global Partner Ecosystems, Intuit QuickBooks. "The new Intuit App Partner Program represents a significant milestone in our commitment to foster a thriving developer community and deliver exceptional experiences for all businesses on the Intuit platform." New tiers, benefits, and access to APIs drive growth The new program introduces four distinct partner tiers – Builder, Silver, Gold, and Platinum – based on customer adoption and depth of the app integration with QuickBooks and Intuit Enterprise Suite. Each tier provides developers with resources, support, and access to new, impactful program benefits that help them create and enhance their integrations and grow their customer base. These new benefits, based on a developer's subscribed tier, include marketing opportunities, access to analytics to better understand usage of their app, early access to APIs, and more. 'Our new Platinum-level partnership with Intuit is more than just a badge, it's a shared commitment to helping accountants, bookkeepers, and businesses achieve bigger things,' said Sabby Gill, CEO of Dext, when commenting on the new program. 'Together, we're putting innovative and powerful tools in the hands of the people who move business forward, freeing them to focus on what really matters.' The launch of the new program also coincides with the availability of several new APIs that provide developers with richer functionality and deeper integration options with QuickBooks and Intuit Enterprise Suite. These new APIs, which include project management, sales tax, payroll, and more, help developers build integrations that grow with businesses as they scale, meeting the more complex needs of mid-market businesses. Pricing and Availability The new Intuit App Partner Program also introduces a new pricing model. It includes access to APIs at no charge and variable API fees, which are implemented as third-party apps grow their customer base on the Intuit platform. The new program also includes a flat monthly program fee based on developer tiers. The new fee structure allows Intuit to expand its investment in the overall partner program, including the ability to scale developer infrastructure and support, and provide access to better tools and richer APIs. The new Intuit App Partner Program is available in the US starting today. To learn more about the new program, visit the Intuit Developer website. About Intuit Intuit is the global financial technology platform that powers prosperity for the people and communities we serve. With approximately 100 million customers worldwide using products such as TurboTax, Credit Karma, QuickBooks, and Mailchimp, we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us at and find us on social for the latest information about Intuit and our products and services. This information is intended to outline our general product direction, but represents no obligation and should not be relied on in making a purchasing decision. Additional terms, conditions and fees may apply with certain features and functionality. Eligibility criteria may apply. Product offers, features, functionality are subject to change without notice.

Intuit's Quarterly Earnings Preview: What You Need to Know
Intuit's Quarterly Earnings Preview: What You Need to Know

Yahoo

time5 days ago

  • Business
  • Yahoo

Intuit's Quarterly Earnings Preview: What You Need to Know

Intuit Inc. (INTU) , valued at a market cap of $216.5 billion, delivers a wide range of financial management, compliance, and marketing solutions across the United States. Based in Mountain View, California, the company operates through four core segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax. Intuit is slated to release its Q4 earnings on Thursday, Aug. 28. Ahead of the event, analysts expect INTU to report a profit of $1.30 per share, up 113.1% from $0.61 per share reported in the year-ago quarter. It has exceeded analysts' earnings estimates in each of the past four quarters, which is notable. More News from Barchart 2 Recession-Proof Dividend Stocks to Buy for the Second Half of 2025 UnitedHealth Stock Spirals Lower Again. Don't Buy the Dip. Auto Revenue Keeps Plunging at Tesla. Should You Buy the TSLA Stock Dip or Run Far Away? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! For the current year, analysts expect INTU to report EPS of $14.72, up 26.8% from $11.61 in fiscal 2024. Moreover, analysts expect its earnings to surge 15.2% year-over-year to $16.95 per share in fiscal 2026. Over the past year, INTU shares surged 26%, outperforming the S&P 500 Index's ($SPX) 17.3% gains and the Technology Select Sector SPDR Fund's (XLK) 21.1% returns over the same time frame. On Jul. 23, INTU shares popped 1.2% after the company unveiled new agentic AI features for its Enterprise Suite. The update introduced four AI agents that automate tasks like cash flow forecasting and invoice reminders. Powered by its GenOS platform, the enhancements target mid-market businesses and aim to boost productivity and expand Intuit's share in the $89 billion ERP market. The consensus opinion on INTU stock is highly bullish, with an overall 'Strong Buy' rating. Out of the 29 analysts covering the stock, opinions include 22 'Strong Buys,' three 'Moderate Buys,' three 'Holds,' and one 'Strong Sell.' Its mean price target of $804.37 indicates a 3% upside potential from current price levels. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio

$30 Labubus, $45 Stanley cups: The 5 items parents say kids are asking for the most ahead of the new school year
$30 Labubus, $45 Stanley cups: The 5 items parents say kids are asking for the most ahead of the new school year

CNBC

time7 days ago

  • Business
  • CNBC

$30 Labubus, $45 Stanley cups: The 5 items parents say kids are asking for the most ahead of the new school year

The "ugly" toy craze sweeping the U.S. this summer will likely make its way into classrooms come fall. Around a third of parents say their children have either already requested or will probably request a bag charm, like a Labubu doll or Jellycat, this back-to-school season, according to a survey published by Intuit Credit Karma last week. Stanley tumblers, Owalas and other trendy water bottles are still cool this school year as well, with 37% of parents saying that their kids will want one this back-to-school season. Here are the most common items parents say their kids have either already asked for or are going to ask for: Notably not on the list of requested back-to-school items: essential school supplies like pencils and notebooks. That's because over half of parents say their kids are asking for items they've seen on social media, and parents are feeling the pressure to buy these trendy products out of concern that their children will feel left out without them, the survey says. Kids' Adidas Sambas retail for around $80, iPad minis start at $499, Stanley tumblers range from $30 to $45, and Labubu dolls — if you can get your hands on one — typically sell for about $30, though resale prices are often much higher due to their scarcity. On top of that, prices for many school supply categories, like pencils and backpacks, are up 20% since before the pandemic due to inflation and tariffs, among other factors, according to a CNBC analysis of the U.S. Bureau of Labor Statistics' producer price index. The average amount parents expect to spend this year varies by survey, but it can be as high as $858.07, according to the National Retail Federation. Credit Karma finds 38% of parents expect to spend between $501 and $1,500 on back-to-school shopping. More parents say they will be unable to afford back to school shopping this year than the year before, and 44% of parents say they plan to take on debt to cover back-to-school expenses, up from 34% last year, according to the Credit Karma survey.

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