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.
Around 4.4 million Americans nationwide will receive checks in mail as part of the settlement. In New York, over 176,000 citizens will altogether receive more than $5.4 million. Checks will be mailed throughout May….