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Federal Trade Commission (FTC) FTC Act Tax Preparers

Orrick, Herrington & Sutcliffe LLP

FTC finalizes $7M order against tax prep company

On January 8, the FTC finalized an order requiring a tax preparation company to implement the terms of a settlement and mandating the company pay $7 million to compensate consumers affected by the company’s practices...more

Orrick, Herrington & Sutcliffe LLP

FTC fines tax prep company $7M for misleading claims

On November 12, the FTC released a proposed settlement agreement containing a consent order against a tax preparation company and its subsidiaries regarding certain practices that allegedly violated the FTC Act....more

Cozen O'Connor

FTC Cracks Down on H&R Block’s Alleged ‘Free’ Filing Fiasco

Cozen O'Connor on

The FTC filed an administrative complaint against H&R Block, alleging the tax preparation company violated the FTC Act when it misleadingly advertised its online products as “free” and unfairly complicated the process for...more

Wyrick Robbins Yates & Ponton LLP

FTC Flags a New Form of Unsportsmanlike Conduct via Notice of Penalty Offense

The FTC recently sent five tax preparers a notice of its intention to pursue civil penalties (“Notice”) if they continue to use consumers’ data for purposes other than tax preparation (such as advertising) without first...more

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