FTC Sues TurboTax Owner, Intuit for False Advertising.
CNBC reports the Federal Trade Commission (FTC) has sued Intuit, the owner of the tax program, TurboTax.
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CNBC reports the Federal Trade Commission (FTC) has sued Intuit, the owner of the tax program, TurboTax.
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The FTC claims the company operated deceptively by marketing its program as free.
In 2021, per an Intuit presentation, nearly 56 million Americans filed their taxes with TurboTax.
This includes 54 million W-2 filings and 40 million 1099 tax forms. TurboTax is bombarding consumers with ads for ‘free’ tax filing services, and then hitting them with charges when it’s time to file.
, Samuel Levine, director of FTC's Bureau of Consumer Protection, via statement.
TurboTax is bombarding consumers with ads for ‘free’ tax filing services, and then hitting them with charges when it’s time to file.
, Samuel Levine, director of FTC's Bureau of Consumer Protection, via statement.
We are asking a court to immediately halt this bait-and-switch, and to protect taxpayers at the peak of filing season.
, Samuel Levine, director of FTC's Bureau of Consumer Protection, via statement.
In response, the executive vice president of Intuit, Kerry McLean, said the FTC's arguments “simply aren’t credible.”.
In response, the executive vice president of Intuit, Kerry McLean, said the FTC's arguments “simply aren’t credible.”.
Intuit says almost 100 million have filed their taxes for free in the past eight years with TurboTax.
Far from steering taxpayers away from free tax preparation offerings, , Kerry McLean, executive vice president of Intuit, via statement.
Far from steering taxpayers away from free tax preparation offerings, , Kerry McLean, executive vice president of Intuit, via statement.
... 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.
, Kerry McLean, executive vice president of Intuit, via statement.
... 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.
, Kerry McLean, executive vice president of Intuit, via statement
