Home Economy News US FTC files complaint against H&R Block for deleting consumers’ tax data

US FTC files complaint against H&R Block for deleting consumers’ tax data

by

US FTC files complaint against H&R Block for deleting consumers’ tax data By Reuters

Breaking News

‘;

Economy

Published Feb 23, 2024 03:29PM ET

© Reuters. A construction worker walks past a H&R Block tax office in Los Angeles, California, U.S., April 26, 2017. REUTERS/Mike Blake/File Photo

WASHINGTON (Reuters) -The U.S. Federal Trade Commission said on Friday it had filed a complaint against H&R Block (NYSE:HRB) for deleting consumers’ tax data and requiring them to contact customer service when they downgrade to more affordable online products.

It also accused the tax preparation company of “deceptively marketing their products as ‘free’ when they were not free for many consumers.”

FTC said a number of TV ads and online promotions by H&R Block indicated that consumers could file for free while including language – sometimes in fine print – that those free offers only applied to simple returns.

The ads did not explain what a simple return was, and the company has changed the definition of the term “multiple times in recent years,” the commission said, while noting that H&R Block was aware of consumers’ frustration and confusion with the ads.

“H&R Block designed its online products to present an obstacle course of tedious challenges to consumers, pressuring them into overpaying for its products,” said Samuel Levine, director of the FTC’s Bureau of Consumer Protection.

H&R Block did not immediately respond to a request for comment.

US FTC files complaint against H&R Block for deleting consumers’ tax data

Our Apps



Terms And Conditions
Privacy Policy
Risk Warning
Do not sell my personal information

© 2007-2024 Fusion Media Limited. All Rights Reserved.

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Related News