TurboTax publisher will pay $141 million over ‘free’ tax prep ads; 71,000 Oregonians will get checks (Oregonlive)

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    TurboTax publisher will pay $141 million over ‘free’ tax prep ads; 71,000 Oregonians will get checks – By The Associated Press (Oregonlive) / May 4, 2022

    NEW YORK — The company behind the TurboTax tax-filing program will pay $141 million to customers across the United States who were deceived by misleading promises of free tax-filing services, New York’s attorney general announced Wednesday.

    Under the terms of a settlement signed by the attorneys general of all 50 states, Mountain View, California-based Intuit Inc. will suspend TurboTax’s “free, free, free” ad campaign and pay restitution to nearly 4.4 million taxpayers, New York Attorney General Letitia James said.

    James said her investigation into Intuit was sparked by a 2019 ProPublica report that found the company was using deceptive tactics to steer low-income tax filers away from the federally supported free services for which they qualified — and toward its own commercial products, instead.

    “For years, Intuit misled the most vulnerable among us to make a profit. Today, every state in the nation is holding Intuit accountable for scamming millions of taxpayers, and we’re putting millions of dollars back into the pockets of impacted Americans,” James said in a statement. “This agreement should serve as a reminder to companies large and small that engaging in these deceptive marketing ploys is illegal.”

    CONTINUE > https://www.oregonlive.com/business/2022/05/turbotax-publisher-will-pay-141-million-to-customers-over-free-tax-prep-ads.html

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