TurboTax reaches settlement to pay $141 million for allegedly deceiving customers into paying for tax prep that should have been free

Tax software giant TurboTax has reached a multi-state settlement to pay back $141 million to low-income customers who were allegedly deceived into paying for tax services they should have gotten for f...

TurboTax owner Intuit to pay $141 million to customers

Kimberly White | Getty Images Entertainment | Getty Images Intuit, the owner of popular tax filing software TurboTax, will pay $141 million in restitution to millions of low-income Americans who were ...

Warren Accuses TurboTax of ‘Scamming Taxpayers’

Representative Warren has scrutinized Intuit’s strategic policies connecting with its assessment documenting program TurboTax Bitcoin and crypto have become significant arguments as U.S. charge ...

Fast On The Draw: Sen. Warren Says TurboTax Is Ripping Off American Taxpayers

U.S. Senator Elizabeth Warren thinks the American people could be getting ripped off in a large-scale scam. Warren and two other U.S. lawmakers accused Intuit – the developer of the most widely used t...

Warren Accuses TurboTax of ‘Scamming Taxpayers’ over Software

Senator Elizabeth Warren has written to Intuit, makers of the TurboTax software program, accusing them of offering products that “scam American taxpayers into paying for services that should be free.”...

When Does a Senior Citizen on Social Security Stop Filing Taxes?

Key Takeaways • If the only income you receive is your Social Security benefits, then you typically don’t have to file a federal income tax return. Our TurboTax Live experts look out for you. Ex...

Top Tax Write-offs for the Self-Employed

With self-employment comes freedom, responsibility, and a lot of expense. While most self-employed people celebrate the first two, they cringe at the latter, especially at tax time. They might not be ...

Are State Tax Refunds Taxable?

For those who itemize their deductions, it’s one of the stranger parts of the tax code. First, you get to take a deduction of your state and local taxes, then all of a sudden the next year you get a F...

TurboTax: 5 Hidden Ways to Boost Your Tax Refund

Subscribe: Apple Podcasts | Spotify | iHeartRadio While Americans may disagree on how the government spends their taxes, at tax time, many of us are looking for ways to pay no more than we owe — or ev...

What Is an IRS Tax Transcript and How Do I Request One?

Do you need information from a tax return you filed three years ago because you’re making a major purchase and the lender wants to see your tax history? Maybe you need to provide your adjusted g...

Coinbase and TurboTax Partner To Enable Crypto Tax Refunds

Leading US-based digital asset exchange Coinbase is teaming up with a popular tax filing program to turn income tax refunds into cryptocurrency. In a new blog post, Coinbase says TurboTax users can no...

TurboTax and Coinbase to Give Users Tax Refunds in Crypto

TurboTax and Coinbase have come with a new way to make cryptocurrencies mainstream. The last couple of years has been formative for the crypto industry, with more users coming in as the pandemic struc...

Coinbase and TurboTax Offer Tax Refunds in Bitcoin

In brief If you file through TurboTax, you can get your refund directed to a Coinbase account. The news reflects how crypto is becoming a major part of the tax system. It’s tax time. That means ...

Coinbase Users Can Now Receive Tax Refunds in Crypto Through TurboTax

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...