Intuit Plays a Weak Hand in Defending For-Profit Tax Preparation

According to an OpenSecrets analysis, Intuit Inc. spent $3.5 million on lobbying in 2022. Despite these efforts from the parent company of TurboTax, Mint, Credit Karma, and QuickBooks, the discussion about the higher-level problem of for-profit tax preparation software has centered solely on TurboTax.

This is partially due to Intuit’s behavior and likely due to TurboTax’s popularity—a downside for a brand that has become a generic term. Sort of like Kleenex, if the facial tissue industry lobbied Congress to continue bilking the poorest among us out of their hard-earned cash.

Intuit, however, seems to be in a mess of ...