The U.S. Federal Trade Commission (FTC) announced that an FTC administrative law judge – an employee of the FTC – has ruled in favor of the FTC in the agency\u2019s own lawsuit against Intuit. Intuit will appeal this groundless and seemingly predetermined decision by the FTC to rule in its own favor and is confident that when the matter ultimately returns to a neutral body Intuit will prevail, as it has previously in this matter. <\/p>\n\n\n\n
The FTC\u2019s ruling was expected given the Commission\u2019s flawed and highly questionable process, Chair Lina Khan\u2019s previous public and prejudicial statements against Intuit, and the fact that the FTC has ruled in its own favor in nearly every consumer protection case for the last two decades. <\/p>\n\n\n\n
Intuit already adheres to most of the advertising practices in the FTC\u2019s erroneous decision. There is no monetary penalty, and Intuit expects no significant impact to its business. <\/p>\n\n\n\n
Intuit has been clear, fair, and transparent with its customers and is committed to free tax preparation. We are proud that over the last 10 years more than 124 million taxpayers have filed their taxes with Intuit completely free of charge – more than all other tax prep software companies combined. <\/p>\n\n\n\n
We believe the FTC\u2019s decision is improper, wholly ignores the facts, and tramples on the foundations of an independent American judicial system with its serving as prosecutor, judge, and jury on its own matters. <\/p>\n\n\n\n