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Free Tax Filing

All articles tagged with #free tax filing

business2 years ago•1 min saved

FTC Bans TurboTax from Advertising "Free" Services

The Federal Trade Commission has issued a final order prohibiting TurboTax from advertising its services as "free" due to most customers having to upgrade to paid services, following a lawsuit over misleading advertising. The order requires Intuit to clearly disclose the percentage of customers eligible for free services or state that a majority are not eligible. Intuit is appealing the decision, but the IRS is launching its own free tax filing software called Direct File as an alternative.

via The Verge|

#business #federal-trade-commission #free-tax-filing

business2 years ago•1 min saved

FTC Judge Finds Intuit's "Free" TurboTax Ads Deceptive

The Federal Trade Commission's chief administrative law judge has ruled that Intuit, the parent company of TurboTax, "deceived consumers" by advertising its tax filing service as "free" when it actually required payment. The ruling comes after a lawsuit from the FTC and a $141 million payout to affected users. The judge issued a cease-and-desist order, preventing Intuit from engaging in deceptive practices in the future and requiring the company to clearly disclose any terms that would limit the offer. Intuit has criticized the investigation process and claims to already adhere to most of the advertising practices in the FTC's decision. The IRS is working on a government-backed free filing service to be piloted in the 2024 tax season.

via The Verge|

#business #deceptive-advertising #free-tax-filing