A direct to IRS tax prep system is a multi-billion dollar solution looking for a problem,” Intuit said in a statement provided to Insider. “Creating a government run tax preparation program would be a waste of taxpayer dollars and further disenfranchise low income taxpayers. Intuit has continued to push against the concept, claiming it would be a waste of taxpayer money and a “conflict of interest” for the government to be “the investigator, auditor, enforcer, and now also the preparer.” Intuit - which also owns QuickBooks, Mint, Credit Karma and Mailchimp - has spent decades lobbying against free, government-sponsored tax filing services.ĭespite the leading tax prep company’s lobbying efforts, the Inflation Reduction Act passed in 2022 allotted $15 million to the Treasury Department for the IRS to explore the creation of a free federal tax filing service. TurboTax’s parent company spent more than $3.5 million on federal lobbying in 2022, more than it spent in any previous year, according to a new OpenSecrets analysis. Intuit, the company that owns TurboTax, is spending more money than ever on federal lobbying amid heightened scrutiny of its influence operations and revolving door lobbyists. Intuit spent more than $3.5 million on federal lobbying in 2022 - a new record for the leading tax prep company, which owns TurboTax. Title Corrected: TurboTax parent company Intuit is pouring more money than ever into lobbying amid push for free government-run tax filing

TurboTax parent company Intuit is pouring more money than ever into lobbying amid push for free government-run tax filing - OpenSecrets News

Intuit mint parent organization