H&R Block hit with $7M FTC fine for misleading ads, poor service; vows improvements.

The FTC has fined H&R Block $7 million for misleading advertising and poor customer service practices. The company will pay the fine and make changes such as allowing customers to downgrade products through chatbots, stopping the deletion of previously entered data, and clarifying which taxpayers qualify for "free" services. These changes aim to improve the tax filing experience and reduce consumer frustration.

3 months ago
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