US lawmakers push DOJ to prosecute tax prep firms for leaking taxpayer data to big tech

October 22, 2024 at 06:37PM A group of Democratic lawmakers has urged the US Department of Justice to prosecute tax preparation firms for illegally sharing taxpayer data with Meta and Google. They cite a Treasury Department investigation confirming these violations, which may lead to criminal penalties for the companies involved. Legal action status remains uncertain. … Read more

FTC sues H&R Block over deceptive ‘free’ online filing ads

February 23, 2024 at 05:21PM The FTC filed a lawsuit against H&R Block, alleging deceptive advertising for its “free” online tax filing and pressuring users to buy more expensive services. H&R Block’s 70,000 tax pros worldwide cater to a $3.5 billion revenue. The FTC claims the company misleads customers and makes downgrading products and obtaining … Read more