New York attorney general Letitia James announced that low-income consumers who had been “tricked” by the financial software firm Intuit into paying for free tax services will be receiving millions in dollars as a settlement.
The case revolves around Intuit’s TurboTax tax-preparation software. The $141 million multistate settlement with Intuit was announced last year. The settlement was made after Intuit was charged for deceiving millions of low-income Americans to pay for tax services that should have been free. All 50 states as well as the District of Columbia have signed the agreement.