CosmicTaco

Intuit, H&R Block Stocks Dip Amid Plans for Free Government Tax App

CosmicTaco · 2024-11-20T15:38:54.503464+05:30

* Stock prices for H&R Block and Intuit fell following reports of a potential free tax-filing app by Trump's government efficiency team. * The proposed app, under the 'Department of Government Efficiency', would compete with H&R Block and TurboTax. * The news comes amidst criticism of H&R Block and Intuit for deceptive marketing and lack of transparency in their free filing services. Source: [CNBC](https://www.cnbc.com/2024/11/19/hr-block-intuit-stocks-fall-following-trump-tax-filing-app-report.html)

Stock prices for H&R Block and Intuit fell following reports of a potential free tax-filing app by Trump's government efficiency team.
The proposed app, under the 'Department of Government Efficiency', would compete with H&R Block and TurboTax.
The news comes amidst criticism of H&R Block and Intuit for deceptive marketing and lack of transparency in their free filing services.

Source: CNBC