{"id":38199,"date":"2023-05-11T09:42:05","date_gmt":"2023-05-11T13:42:05","guid":{"rendered":"https:\/\/www.technewsday.com\/?p=38199"},"modified":"2023-05-16T13:08:22","modified_gmt":"2023-05-16T17:08:22","slug":"turbotax-to-compensate-low-income-tax-filers-it-misled","status":"publish","type":"post","link":"https:\/\/technewsday.com\/staging\/turbotax-to-compensate-low-income-tax-filers-it-misled\/","title":{"rendered":"TurboTax to compensate low-income tax filers it misled"},"content":{"rendered":"<p data-ar-index=\"1\">TurboTax&#8217;s parent company Intuit has reached a nationwide settlement, requiring them to pay compensation to approximately 4.4 million individuals.<\/p>\n<p data-ar-index=\"2\">The settlement comes after allegations that the company directed millions of low-income Americans away from free tax-filing services. Recipients will receive checks automatically mailed this month, with the majority expecting around $30, while long-term TurboTax users could receive up to $85.<\/p>\n<p data-ar-index=\"3\">New York Attorney General Letitia James strongly criticized TurboTax&#8217;s &#8220;predatory and deceptive&#8221; marketing practices, emphasizing that the company&#8217;s actions had exploited low-income taxpayers who were attempting to fulfill their legal obligation to file taxes.<\/p>\n<p data-ar-index=\"4\">The investigation into TurboTax&#8217;s practices was prompted by a 2019 report by ProPublica, which accused the company of deliberately steering eligible clients away from government-supported tax filing services by making them difficult to find online.<\/p>\n<p data-ar-index=\"5\">Intuit denies wrongdoing as part of the settlement agreement and does not anticipate significant negative effects on its business operations due to the demanded changes in the future. A dedicated website has been established to provide more information on the settlement.<\/p>\n<p data-ar-index=\"6\">The sources for this piece include an article in <a href=\"https:\/\/edition.cnn.com\/2023\/05\/09\/business\/turbotax-settlement\/index.html\" target=\"_blank\" rel=\"noopener\">CNN<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TurboTax&#8217;s parent company Intuit has reached a nationwide settlement, requiring them to pay compensation to approximately 4.4 million individuals. The settlement comes after allegations that the company directed millions of low-income Americans away from free tax-filing services. Recipients will receive checks automatically mailed this month, with the majority expecting around $30, while long-term TurboTax users [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[57],"tags":[275],"class_list":["post-38199","post","type-post","status-publish","format-standard","hentry","category-companies","tag-top-story"],"acf":[],"_links":{"self":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/38199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/comments?post=38199"}],"version-history":[{"count":2,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/38199\/revisions"}],"predecessor-version":[{"id":38201,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/38199\/revisions\/38201"}],"wp:attachment":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/media?parent=38199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/categories?post=38199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/tags?post=38199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}