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The Latest Breaking News from TurboTax

Will an IRS Tax Prep Service Replace H&R Block or TurboTax?

IRS Direct File has some wondering if people will leave H&R Block and TurboTax and let the IRS do their taxes.

Kiplinger

The IRS is building its own online tax filing system. Tax-prep companies aren't happy

The IRS is working to develop its own free electronic tax-filing system in a potential challenge to commercial products such as TurboTax. The agency plans a pilot test of the program next year.

WEKU

The IRS is working on a TurboTax alternative to make filing your taxes easier

Free IRS software for filing your tax returns could topple TurboTax at last, but it may take years to reach everybody.

TechRadar

From analysis to the latest developments in health,
read the most diverse news in one place.

Simplify the Tax Code Instead of Creating an IRS Rival to TurboTax

Americans collectively spend billions of hours each year preparing their taxes. Rather than adding a government-run website into the mix, politicians should just simplify the tax code.

Reason

Payments are on the way to more than 4.4 million TurboTax users. Are you one of them?

Millions qualify for part of $141 million settlement.

Fortune

TurboTax Settlement Checks Headed to 4.4 Million Customers

Millions of Intuit TurboTax users will begin receiving settlement checks in the mail this week. Here's what you need to know.

Kiplinger

TurboTax customers, deceived into paying for what should have been free, will get checks soon from $141M settlement

Those affected were low-income consumers eligible for free tax services — but paid TurboTax to file their IRS returns during the 2016, 2017 and 2018 tax years due to “predatory and deceptive marketing.”

Chicago Sun-Times

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TurboTax customers to receive checks for $141M settlement

In a settlement agreement last year, TurboTax’s owner Intuit Inc. was ordered to pay $141 million to low-income consumers who were deceived into paying TurboTax to file their federal returns — despite being eligible for free, federally-supported tax services

The Independent UK

Intuit fires man after Instagram posts falsely linking drag shows to child sexual abuse: lawsuit

A former employee for Intuit, the Mountain View, California-based financial software giant and TurboTax owner, claims in a new lawsuit that the company illegally fired him for social media posts linking drag queens to sexual abuse of children.

Tribune News Service

How to file your taxes and get your refund for free in 2023

Historically, April is tax time. (We will hold briefly for boos.) But there is a silver lining. Two, actually: Most people don’t need to pay for special software to file them. And if you’re fortunate enough to be a Californian, your state and federal taxes probably aren’t due until October.

Los Angeles Times

FreeTaxUSA 2022 Edition review

With a streamlined interface and manual input, FreeTaxUSA 2022 covers many tax situations, but don’t use it if you have a lot of questions.

Tom’s Guide

TaxAct Deluxe review: Tax pro help for everyone

TaxAct provides more guidance than ever, including live help with a tax pro at all tiers and specialty products for businesses and the self-employed.

Tom’s Guide

TaxSlayer Classic 2023 (tax year 2022) review

TaxSlayer Classic covers all tax scenarios, but it’s not a good choice for crypto holders.

Tom’s Guide

Intuit TurboTax Deluxe 2022 review: Tax returns with the best guidance

Intuit TurboTax Deluxe 2022’s hallmarks remain its extensive tax expert assistance and strong support for importing investments and cryptocurrency, but it comes at a higher price than ever before.

Tom’s Guide

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Tom’s Guide

H&R Block Deluxe 2023 review (tax year 2022): Friendly, colorful, helpful tax preparation experience

H&R Block Deluxe 2023 introduces multiple updates, and is a breath of fresh air with solid do-it-yourself tax prep services

Inverse

Despite Steam Ban, 'Tax Heaven 3000' Creator Says It's "Probably Safer" Than TurboTax

Tax Heaven 3000 is a baffling new games that literally helps you do your federal return by going on dates with a girl named Iris.

Fortune

Inside Intuit's multibillion-dollar bet on big data

Intuit CEO Sasan Goodarzi is betting big on A.I. and strategic acquisitions to broaden the business.

Benzinga

Intuit To Settle TurboTax Claims

Intuit Inc (NASDAQ:INTU) agreed to pay $141 million to settle claims by all 50 U.S. states and Washington, D.C. The states alleged that beginning in 2016, Intuit steered customers eligible for IRS Free File into using TurboTax Free Edition, only to later tell them they needed to pay $59.99 or more to file…

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The Independent UK

Intuit to pay $141M settlement over ‘free’ TurboTax ads, New York Attorney General Letitia James has announced

New York's attorney general is announcing that 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

Axios

Intuit agrees to pay $141 Million to settle claim it duped low-income Americans

All 50 states alleged it deceived millions of people into paying for tax services that should have been free.

WEKU

TurboTax maker will pay $141M in settlement over misleading ads for free tax-filing

Under a settlement signed by the attorneys general of all 50 states, Intuit Inc. will suspend TurboTax's "free, free, free" ad campaign and pay restitution to nearly 4.4 million taxpayers.

The Independent UK

Intuit to pay $141M settlement over 'free' TurboTax ads

Input

Elizabeth Warren slams TurboTax for ‘crooked business practices’

America: Land of the needlessly expensive, convoluted tax filing process.

Reason

Americans Will Spend 6.5 Billion Hours on Income Taxes This Year

The IRS takes not only your money, but a lot of your time.

Mic

The feds just slapped TurboTax with a lawsuit for its “free” filing claims

You know those “free, free free free” commercials? Yeah, not only are they annoying, but they’re untrue too.

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