Bad day for tax software companies – Breaking News & Latest Updates 2026
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Jay Peters
Bad day for tax software companies.

Elon Musk and Vivek Ramaswamy, the co-leads of the “Department of Government Efficiency”, have apparently discussed making a mobile app for free tax filing, reports The Washington Post, and that sent Intuit and H&R Block shares down, according to CNBC.

Wonder what Intuit’s CEO thinks about the news.

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