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CousinIT

(12,545 posts)
Mon Sep 25, 2023, 02:28 PM Sep 2023

TurboTax: "Free IRS tax filing will harm black taxpayers" (yes, it's bullshit)

https://www.propublica.org/article/turbotax-intuit-black-taxpayers-irs-free-file-marketing

Articles published around the country repeat Intuit’s assertion — sometimes almost word for word — that the upcoming IRS pilot program would hurt Black Americans. A researcher whose work is cited by Intuit says the company is misstating her findings.

For the past quarter century, Intuit, the maker of TurboTax, has worked to thwart one clear threat to its profits: a free, publicly funded tool to file taxes online. The company’s success at preventing that threat was near total — until earlier this year, when the IRS announced a plan to test such an approach. Advocates cheered, seeing it as a first step to a system where Americans, particularly low-income taxpayers, could easily avoid paying big fees for tax preparation.

It’s a new chapter in the long-running conflict over free tax filing, but Intuit has fallen back on some tried-and-true tactics, ones previously documented by ProPublica. In Washington, D.C., the company has deployed 63 lobbyists this year, according to OpenSecrets, to stalk the halls of government. Meanwhile, op-eds and stories that parrot Intuit’s talking points have appeared in at least 20 newspapers and other publications across the country.

The centerpiece of this PR push has been an argument that Intuit unveiled on its website in May. Seeking to capitalize on recent research that found racial disparities in IRS audits, the company has argued that an IRS tax filing tool would only make things worse. It’s a conclusion rejected by authors of that research, but the idea has certainly made for some eye-catching headlines.

“IRS Free Tax Service Could Further Harm Blacks,” is how the Defender, a Black paper in Houston, put it in a June headline. The piece cited unnamed “industry experts” as raising the concern but quoted only one person by name: Intuit’s spokesperson Derrick Plummer. The story was produced by Trice Edney News Wire, a service that provides content to local Black papers across the country. Hazel Trice Edney, the service’s editor-in-chief, did not respond to requests for comment.
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TurboTax: "Free IRS tax filing will harm black taxpayers" (yes, it's bullshit) (Original Post) CousinIT Sep 2023 OP
Intuit is one of the most evil companies I have ever dealt with. erronis Sep 2023 #1
I use H&R Block home software program that costs me about $25 every year MichMan Sep 2023 #2

erronis

(23,917 posts)
1. Intuit is one of the most evil companies I have ever dealt with.
Mon Sep 25, 2023, 02:43 PM
Sep 2023

And they have their claws into so many parts of our financial business: TurboTax, QuickBoods, etc.

What really set them apart from many in the "evil" category was when they installed root-kits on users' PCs - malware/spyware that can't be detected by any consumer anti-virus programs.

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