Federal Trade Commission building in Washington. Photo: Diego M. Radzinschi/ALM FTC Bans TurboTax's Unqualified Advertisement of 'Free' Tax Services and Products
Intuit Inc., the maker of TurboTax, denied wrongdoing, saying it "has always been clear, fair, and transparent with its customers and is committed to free tax preparation."
January 23, 2024 at 02:54 PM
3 minute read
The Federal Trade Commission has prohibited the maker of TurboTax tax filing software from advertising any "free" services or products unless it is truly free for all consumers or the company provides clear disclosures that the offer is limited, an action the FTC said should serve as a warning to businesses that falsely market their offerings.
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