Stolen information used in fraudulent tax returns filed through TurboTax was obtained outside Intuit's system, CEO Brad Smith tells CNBC.» Read More
Feb 6- Intuit Inc said its tax-preparation software TurboTax had resumed electronic filing of state tax returns late Friday following a temporary halt after noticing attempts to use stolen identity information to file fraudulent returns and claim refunds. Minnesota's revenue department said on Friday it had stopped accepting tax returns submitted via...
Feb 6- Intuit Inc, the developer of tax-preparation software TurboTax, halted e-filing of state tax returns after it noticed attempts to use stolen identity information to file fraudulent returns and claim refunds. "We've identified specific patterns of behavior where fraud is more likely to occur," Chief Executive Brad Smith said in a statement.
CNBC's Courtney Reagan reports Intuit has temporarily halted transmission of state income tax returns nationwide after detecting an increase in suspicious filing.
Minnesota will no longer accept tax returns submitted through Intuit's TurboTax because of potential fraud.
Feb 6- Intuit Inc, the developer of tax-preparation software TurboTax, halted e-filing of state tax returns after it noticed attempts to use stolen identity information to file fraudulent state tax returns and claim refunds. "We've identified specific patterns of behavior where fraud is more likely to occur," Chief Executive Brad Smith said in a statement.
Take a look at some of Friday's midday movers:
WASHINGTON, Jan 28- The Obama administration estimates that up to 29 percent of U.S. taxpayers could have to take the law known as Obamacare into account as they complete their 2014 income tax returns, officials said on Wednesday. Treasury expectations for about 150 million income tax filings, which are due to the Internal Revenue Service by an April 15 deadline.
Investors forced to pay 50% more for TurboTax's software are getting an apology and a refund, USA Today reports.
Millions of people are potentially eligible for exemptions from Obamacare taxes, but many won't apply for those waivers.
Jan 12- Walt Disney Co, Sony Corp and DreamWorks Animation SKG Inc urged a federal judge to throw out a antitrust lawsuit accusing them of conspiring not to poach each other's animators in order to keep wages down. District Judge Lucy Koh in San Jose, California, that the plaintiff animators took too long to sue by waiting until five years after the U.S. Department of...
The Obama administration plans on releasing online tools and other resources to help people deal with the tax implications of Obamacare.
CNBC spoke to entrepreneurs, investors—and technology workers—who argue in favor of H-1B visa rules being liberalized.
U.S. stocks closed at highs after encouraging domestic data alleviated concerns over continued signs of slowing growth in Europe and China.
The group VetsinTech is helping veterans find their place in the tech ecosystem by helping them raise capital and launch start-ups.
SAN FRANCISCO, Oct 2- High salaries and free food aren't enough any more in Silicon Valley, where maturing companies are competing for talent with creative health care and "wellness" programs that use gadgets to promote good behavior. Silicon Valley employers see themselves fighting for good engineers. "It's absolutely a key way to recruit talent," said Joe Gracy,...
A new crop of start-ups is creating cloud software for mom-and-pop shops, bringing them into the digital world for the first time.
CNBC's Jon Fortt speaks to Brad Smith, Intuit president & CEO, about the company's platform shift into the cloud and how it will impact their customer base. Smith also breaks down the restructuring investments the company has made.
Some of the names on the move ahead of the open.
Check out which companies are making headlines after the bell Thursday: Gamestop, Gap, Aeropostale & more.
U.S. stock index futures indicated a higher open on Thursday, as the closely-watched Jackson Hole symposium of central bankers gets underway.