Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
December 20, 2019 03:30 am

Multiple States Are Investigating Intuit Over TurboTax Free File Marketing

An anonymous reader quotes a report from ProPublica: Multiple state attorneys general, including Josh Stein of North Carolina, have opened investigations of TurboTax maker Intuit, following ProPublica's reporting that the company charged millions of Americans for tax filing services they were eligible to receive for free, according to people with knowledge of the investigations. As part of the investigations, Intuit has been subpoenaed for records. At least four states besides North Carolina are investigating, but the exact number is not clear. The company has not specifically disclosed the state investigations to shareholders. Its recent quarterly financial report contains a broad statement that, "Beginning in May 2019, various legal proceedings were filed and certain regulatory inquiries were commenced in connection with the provision and marketing of our free online tax preparation programs." It continues: "We believe that the allegations contained within the legal proceedings are without merit. We intend to vigorously defend against the legal proceedings and cooperate in the investigations." Previous ProPublica reports described how Intuit routinely charged millions of Americans who were eligible to file their taxes for free, sometimes luring them in with deceptive marketing. They also found that Intuit had even hidden its free tax-filing program, offered through a partnership with the IRS, from search engines such as Google.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/gtQiDQQlN8k/multiple-states-are-investigating-intuit-over-turbotax-free-file-marketing

Share this article:    Share on Facebook
View Full Article

Slashdot

Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..

More About this Source Visit Slashdot