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Elon Musk's reported DOGE plan for a free tax filing app hits H&R Block and Intuit stock
H&R Block and Intuit combined generate roughly $9 billion in annual revenues from their tax preparation services.
H&R Block, Intuit Stocks Slump as Trump's 'DOGE' Leaders Mull Free Tax-Filing App
Key Takeaways Shares of tax prep companies H&R Block and Intuit dropped Tuesday following a report the Trump administration could create an app allowing users to file their taxes for free.The leaders of Trump's newly created Department of Government Efficiency had "highly preliminary" discussions on the topic,
H&R Block, Intuit stocks fall on news of a potential free tax-filing app by Trump transition team
Intuit, which makes the TurboTax tax-filing software, was down 5%, putting it on pace for its worst day since Aug. 23, when the company's stock price fell nearly 7%. H&R Block was down 8% and on pace for its worst day since 2020.
Intuit Stock Tumbles As Elon Musk's DOGE Commission Eyes Simple Tax-Filing App
Intuit stock fell on a report that the Trump administration is considering a plan to create a mobile app for filing taxes.
Musk and Ramaswamy Already Brainstorming DOGE Initiatives With New App Concept To Revolutionize Tax Filing
As the Department of Government Efficiency prepares to launch, the duo aims to simplify America’s convoluted tax system, but experts warn
H&R Block, Intuit drop on report that Musk's DOGE may develop a tax app
H&R Block, Intuit stock dropped amid a report that Elon Musk's Department of Government Efficiency may develop a tax filing app.
Fox Business on MSN
2h
DOGE could create a mobile app for tax filing: report
The Post's report noted that there are some challenges associated with developing a
tax
-
filing
app, such as potentially ...
CBS News on MSN
3h
H&R Block and Intuit drop on a report that Elon Musk's DOGE may develop a new tax-filing app
"In 1955, there were less than 1.5 million words in the U.S.
Tax
Code. Today, there are more than 16 million words," its X account wrote. "Because of this complexity, Americans collectively spend ...
ABP Live on MSN
3h
ITR Filing: Disclose Your Foreign Income By Dec 31 To Avoid Penalties, Says CBDT Chairman
The official said that individuals who haven’t shared these details yet should do the same in their revised return for the ...
2d
A husband is deported, leaving his American wife with questions about tax filings
After her husband is deported to the United Kingdom, an American wonders how she should file her federal income taxes.
5d
Should You Request A Delayed Effective Date When Filing Your Business?
Here's when to file your business registration paperwork and how to decide whether a delayed filing (a.k.a. delayed effective ...
High Plains Public Radio
6h
Bill filing starts in Oklahoma, tax cuts are first on the agenda for Senate
The first bills of Oklahoma’s 60th legislative session are filed. They already regulate a diverse range of topics, but it ...
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Intuit
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