Warren Wants Details From TurboTax on Its Free Filing Program
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Sen. Elizabeth Warren (D-Mass.) and Reps. Katie Porter (D-Calif.) and Brad Sherman (D-Calif.) want information from Intuit Inc, the maker of TurboTax tax preparation software, about how much money the company makes off of low- and middle-income filers, and information about how many Intuit employees previously worked for federal agencies.
In a public letter sent Monday addressed to Intuit CEO Sasan Goodarzi, the trio accuse the company of misleading consumers and using former government officials to shield it from government action. The Federal Trade Commission recently sued the company over its advertisements for free filing services, claiming deceptive practices.