TurboTax owner Intuit Inc. agreed to pay a total of $141 million to all 50 U.S. states to resolve claims that the online tax preparer duped low-income Americans.
Under the deal, Intuit will suspend TurboTax's "free, free, free" advertising campaign, which lured customers with promises of free tax preparation, only to "deceive them into paying for services," according to a statement Wednesday by New York Attorney General Letitia James, who led the states in an investigation.
James said her office opened the probe after the investigative group ProPublica reported that Intuit was using deceptive tactics to steer low-income consumers toward paid products and away from federally supported free tax services.
