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The Free File Alliance is a group of tax preparation companies which operate a public-private partnership with the Internal Revenue Service (IRS) to provide free electronic tax filing services under the IRS Free File program to United States taxpayers meeting certain guidelines. [1] The IRS stipulates filers must have an adjusted gross income ...
The suit also comes after ProPublica first reported in 2019 how the TurboTax landing page hid its free file option from users and Google search engines. Intuit later changed the code so the option ...
In an email, Intuit boasted to me of having been "a founding member of the IRS Free File program." The company didn't mention in that email, however, that it quit the program in 2021, one year ...
TurboTax. TurboTax is a software package for preparation of American and Canadian income tax returns, produced by Intuit. TurboTax is a market leader in its product segment, competing with H&R Block Tax Software and TaxAct. [1] TurboTax was developed by Michael A. Chipman of Chipsoft in 1984 and was sold to Intuit in 1993. [2] [3]
TurboTax parent company Intuit reached a $141 million settlement with state attorneys general in 2022 following an investigation into its business practices.
The IRS Free File Program is a service that allows U.S. taxpayers to prepare and e-file their federal income tax returns for free. Through the program, commercial tax software companies that are part of the Free File Alliance offer free tax preparation software to tax filers with annual adjusted gross income (AGI) below $73,000 for Tax Year 2022.
TurboTax maker Intuit will pay $141 million "for deceiving millions of low-income Americans into paying for tax services that should have been free." Intuit owes customers $141 million after it ...
Tax preparation is the process of preparing tax returns, often income tax returns, often for a person other than the taxpayer, and generally for compensation. Tax preparation may be done by the taxpayer with or without the help of tax preparation software and online services. Tax preparation may also be done by a licensed professional such as ...