US Software suppliers have begun to offer free online tax filing services in
the latest effort to retain customers in an increasingly tough market.
H&R Block is to offer customers the facility to electronically file up to
five federal tax returns in a tax season. Rival Intuit is also allowing
customers to prepare and print multiple returns and e-filing for up to five
returns at no cost, WebCPA reported.
Sabrina Wiewel, H&R Block president of digital tax, said: ‘We understand
that in this tough economy, Americans are watching every dollar and don’t want
to be surprised by additional tax preparation costs or add-on features fees.’
Intuit said the new offer would result in the deferral of approximately $70m
of revenue from its second fiscal quarter to its third fiscal quarter.
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