Stock Groups

U.S. FTC accuses Intuit of deceptively advertising free tax filing -Breaking

by Mike Robinson

[ad_1]

© Reuters. FILEPHOTO: This sign can be seen in Washington, D.C., U.S.A, on August 29, 2020. REUTERS/Andrew Kelly/File Photograph

WASHINGTON, (Reuters) – The U.S. Federal Trade Commission requested that a court issue an order prohibiting the use of certain products on Monday. Use Intuit TurboTax, the creator of tax preparation software TurboTax is deceptively advertising tax filing without any fees when many people must pay.

According to the FTC which is responsible for antitrust enforcement and law against deceptive advertisement, it filed a complaint at the U.S. District Court in the Northern District of California.

TurboTax’s advertisements were repeatedly emphasized in the complaint as being free.

TurboTax costs a fee depending on which tax forms you need. Intuit informs many other users that after they’ve spent time gathering their financial and personal information and preparing their tax returns using TurboTax, they can no longer use the service for free. They will have to pay extra to get TurboTax.

Intuit has not yet responded to our request for comment.

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media does not accept any liability for trade losses you may incur due to the use of these data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts, quotes, and buy/sell signal signals. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

[ad_2]