H&R Block Fined $7M For Deceptive 'Free' Filing Ads, Must …

H&R Block will pay $7 million in federal fines for deceptive practices and must implement sweeping changes to its filing services in time for the 2025 tax season, officials said. H&R …

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H&R Block Fined $7M For Deceptive 'Free' Filing Ads, Must …

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H&R Block will pay $7 million in federal fines for deceptive practices and must implement sweeping changes to its filing services in time for the 2025 tax season, officials said. H&R …

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FTC Secures $7M Settlement With H&R Block Over Deceptive Ads

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H&R Block has agreed to pay $7 million and make significant changes to its online tax filing products after a Federal Trade Commission (FTC) lawsuit alleged deceptive practices. The …

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H&R Block To Pay $7 Million For Falsely Promising "free" Tax …

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Nov 13, 2024 · H&R Block has agreed to a settlement that will impact the 2025 tax filing season. This includes a $7 million payment to the FTC to compensate consumers affected by the …

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H&R Block Pays $7M To Settle FTC Allegations Over ... - Markets …

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Nov 12, 2024 · Federal Trade Commission said its lawsuit “is leading to changes for consumers who use H&R Block’s do-it-yourself online tax filing products.” ... deceptive claims about ‘free …

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H&R Block Pays $7M To Settle FTC Allegations Over Consumers

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Nov 12, 2024 · Federal Trade Commission said its lawsuit "is leading to changes for consumers who use H&R Block’s do-it-yourself online tax filing products." A proposed FTC settlement …

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FAQs about H&R Block Fined $7M For Deceptive 'Free' Filing Ads, Must … Coupon?

Will H&R Block pay $7 million to 'unlawful practices'?

The Federal Trade Commission ordered Kansas City-based H&R Block Inc. to pay $7 million to clients affected by “unlawful practices" and overhaul its customer service and advertising around free tax filing services. ...

Why did the FTC file a deceptive marketing complaint against H&R Block?

The FTC filed its deceptive marketing complaint against H&R Block in February 2024, accusing the company of designing its products to present “an obstacle course of tedious challenges” to pressure customers into overpaying for products. ...

Is H&R Block A good tax preparation company?

In a significant development that could impact taxpayers, the Federal Trade Commission (FTC) has finalized a settlement with H&R Block, one of the nation's leading tax preparation companies. The order, announced today, mandates changes to H&R Block's advertising and customer service practices for the upcoming 2025 and 2026 tax seasons. ...

Does H&R Block have to disclose 'free' products?

The settlement also requires H&R Block (NYSE: HRB) to disclose in its advertising the percentage of taxpayers who are eligible to use any of the company's “free” products or state that the majority of taxpayers do not qualify. ...

Will H&R Block stop deleting consumer information?

"In addition to the $7 million payment, the settlement requires H&R Block, by the 2026 tax filing season, to stop completely deleting consumers’ previously entered information,” the FTC stated in a release regarding the settlement. ...

Did H&R Block settle with the Federal Trade Commission?

H&R Block reached the settlement with the Federal Trade Commission, the agency announced in a news release on Wednesday, Jan. 8. The order requires the company to revamp its services and pay $7 million to compensate its customers. ...