FTC Sues TurboTax Owner Intuit for Advertising Tax Software as ‘Free'

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Technology Technology Headlines News

Technology Technology Latest News,Technology Technology Headlines

The Federal Trade Commission claims Intuit uses “bait and switch” advertising that markets TurboTax as free but charges most users when they file their taxes.

Businesses Oppose Florida's ‘Don't Say Gay' Bill Banning Discussion of LGTBQ Issues in Public Schools

Kerry McLean, executive vice president and general counsel of Intuit, said the agency's arguments"simply aren't credible." "Far from steering taxpayers away from free tax preparation offerings, our free advertising campaigns have led to more Americans filing their taxes for free than ever before and have been central to raising awareness of free tax prep," McLean said in a written statement.

That definition changes from year to year; for tax-year 2021, Intuit refers to a simple return as one that can be filed on a Form 1040 with limited attached schedules, like one that includes student-loan interest paid, the FTC said."In truth, TurboTax is only free for some users, based on the tax forms they need," according to the FTC lawsuit.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

FTC sues Turbo Tax for ‘bait and switch’ but ignores the health insurance syndicates who promise elderly and poor patients access to quality affordable medical care but instead deliver rationed medical care and limit access to narrow physician and hospital panels

Free......free..........free.......free...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 545. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FTC sues Intuit to stop ‘bait-and-switch’ TurboTax adsThe consumer protection agency said Tuesday that millions of consumers cannot actually use the free tax-prep software option.
Source: wsfa12news - 🏆 338. / 59 Read more »

FTC sues Intuit to stop ‘bait-and-switch’ TurboTax adsThe consumer protection agency said Tuesday that millions of consumers cannot actually use the free tax-prep software option.
Source: wsfa12news - 🏆 338. / 59 Read more »