Credit Karma launches always-free online tax service

Credit Karma today introduced Credit Karma Tax, its new online self-directed tax preparation service. Credit Karma Tax provides always-free federal and state tax preparation, along with free e-filing, for its members. This announcement coincides with a new look and feel for the company. “Today almost half of all Americans can’t afford a $400 financial emergency, yet many spend more than $70 — and in many cases, far more — just to prepare and file their taxes. That shouldn’t be the case,” said Credit Karma Founder and CEO Kenneth Lin. “Just as we’ve done by providing free credit scores, credit reports and credit monitoring, Credit Karma Tax will help people make financial progress, without any trial periods, hidden fees or gimmicks.” Read more: prnewswire.com