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Lawmakers want to know how TurboTax used $94 million in tax breaks

They want to know what kind of research the tax credits supported.

“With the money that the federal government used to subsidize Intuit’s research, the IRS could have offered free, online tax filing to millions of Americans.” “With the money that the federal government used to subsidize Intuit’s research, the IRS could have offered free, online tax filing to millions of Americans.” It told earlier this month that tax credits support research on AI and improvements to “personalized financial recommendations.”

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