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CNBC

H&R Block, Intuit stocks fall on news of a potential free tax-filing app by Trump transition team

CNBC
Summary
Nutrition label

77% Informative

H&R Block and Intuit 's stock prices fell after a report that the Trump transition team is considering creating a free tax-filing app.

Intuit, which makes the TurboTax , was down 5% , putting it on pace for its worst day since Aug. 23 .

A DOGE tax app would represent a competitor for both H& R Block and TurboTax .

Neither company has had stellar records when it comes to transparently offering free filing options.

VR Score

79

Informative language

80

Neutral language

18

Article tone

formal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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