FTC sues TurboTax owner Intuit

The Federal Trade Commission filed suit against TurboTax owner Intuit.

The federal agency alleges deceptive marketing practices related to TurboTax.

"TurboTax is bombarding consumers with ads for 'free' tax filing services, and then hitting them with charges when it's time to file," said Samuel Levine, director of the FTC's Bureau of Consumer Protection. "We are asking a court to immediately halt this bait and switch, and to protect taxpayers at the peak of filing season."

Intuit General Counsel Kerry McLean said the FTC's arguments "simply aren't credible." According to McLean, nearly 100 million Americans have filed their taxes for free with TurboTax in the past eight years.

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