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