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Business Curio

May 9, 2022

TurboTax parent company to settle over deceptive advertising claims

5 CQ

The company behind Turbo-Tax has agreed to pay restitution to millions of customers who used its tax preparation software. This is to settle allegations that Intuit used deceptive marketing tactics to charge people who should have been able to file their taxes for free. We checked in with Marketplace’s Nova Safo for the latest details. Diane Swonk, Chief Economist at the tax advisory firm Grant Thornton, walks us through the state of the labor market and the implications of the Fed’s half-percentage-point rate hike yesterday. Hear how Allentown, Pennsylvania, at the heart of the Rust Belt has started attracting new manufacturing businesses.

Aired May 5, 2022

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