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DOGE could create a mobile app for tax filing
Intuit, H&R Block shares fall after report that Trump government efficiency team is considering tax-filing app
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.
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
Shares of tax prep companies H&R Block and Intuit dropped Tuesday following a report the incoming Trump administration is considering creating a mobile app for users to file their taxes for free.
12h
Intuit selloff on media report unwarranted, says Jefferies
Jefferies believes the selloff in Intuit (INTU) shares following a Washington Post report of a potential Internal Revenue Service mobile tax ...
17h
What's Going On With Intuit Shares Tuesday?
Intuit Inc. (NASDAQ:INTU) shares are moving lower on Tuesday. The stock may be reacting to reports suggesting the "Department ...
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