Key Points
- The stock prices for H&R Block and Intuit fell after a report said Trump’s government efficiency team is considering creating a free tax-filing app.
- Intuit, which makes the TurboTax tax-filing software, closed down 5%, while H&R Block closed down 8%.
- A tax-filing app created by Trump’s planned “Department of Government Efficiency,” headed by Elon Musk and Vivek Ramaswamy, would be a competitor to both H&R Block and TurboTax.
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concepts of a plan for a free tax-filing app
It’s free…uh…you just have to…uh…yeah. Just have to sign in with your X account …hmm…uh…we made a button that auto logs in inside X and …uh. You can use it without X, yes…uh…sniff…it’s just a once a year subscription. And uh…it will be ready by 2025 tax filing season. You just input your SSN number. Factually…it really is already written…I wrote the alpha version…but we are…we have to wait until January. But…uh…we’ll solve the auto filing by then…we just have to access all your personal data from the NSA… I’m personally whipping the unpaid intern that is writing it…and then…and then we just migrate it to the X DB. I’m thinking Q1 2026.
- Melon the Felon, alledgelly.
