Intuit has tested a version of TurboTax Live via which it will provide complete tax preparation services to customers. CEO Sasan Goodarzi acknowledged the test this week during the webcast for earnings for the third quarter ended April 30. 

Intuit's CEO has admitted his company decided to not have its landing page for the IRS Free File program ranked for search results. In an internal video published on the web site ProPublica, CEO Sasan Goodarzi said the company has removed the limitations.

Liberty Tax Service has received a $12-per-share recapitalization offer from Vintage Capital Management, which already controls the tax services company. Vintage also indicated that it could quickly add other "operating assets" to Liberty’s business, along with the debt-and-equity offer.