US FTC prohibits TurboTax maker Intuit from advertising 'free' services.

The US Federal Trade Commission has barred TurboTax maker Intuit from advertising or marketing services as "free" to ineligible consumers, accusing the company of deceptive practices. Intuit plans to appeal the decision, stating that it believes it will prevail when the matter returns to a neutral body, and expects no significant impact on its business.

January 22, 2024
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