For nearly 20 years, Intuit has been a proud member of the Free File program, helping millions of Americans prepare and electronically file their tax

Accelerating Technology Innovation to Better Help Consumers Solve Their Most Pressing Financial Problems

submited by
Style Pass
2021-07-18 04:30:02

For nearly 20 years, Intuit has been a proud member of the Free File program, helping millions of Americans prepare and electronically file their tax returns for free. Today, over 90% of all taxpayers e-file their taxes and free tax preparation is currently available to 100% of American taxpayers through a combination of commercial, philanthropic, and IRS sponsored methods. We are proud that Intuit’s participation in the Free File program has helped the organization exceed its charter of increasing electronic filing to 80% and making free tax preparation available to 70% of filers.

With the Free File program surpassing its founding goals of e-file and free tax preparation, and due to the limitations of the Free File program and conflicting demands from those outside the program, we are not able to continue in the program and deliver all of the benefits that can help consumers make more money, save more, and invest for the future. Thus, Intuit has elected to not renew its participation in the Free File program following the conclusion of this tax season in October.  This decision will allow us to focus on further innovating in ways not allowable under the current Free File guidelines and to better serve the complete financial health of all Americans through all of our products and services, in tax preparation and beyond.

Intuit’s goal is to democratize financial services that are usually only available to the wealthy by providing all Americans access to opportunities to improve their finances.  Yet the Free File program is designed to focus solely on tax preparation and e-filing with strict requirements for user experiences. That leaves a huge gap for millions of Americans when they file their taxes and receive their tax refund, which is for many their biggest check of the year.

Leave a Comment