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Intuit, H&R Block shares fall after report that Trump government efficiency team is considering tax-filing app

by Editor November 20, 2024, 3:40 am 2k Views

Intuit, H&R Block shares fall after report that Trump government efficiency team is considering tax-filing app

Michael Nagle | Bloomberg | Getty Images

The stock prices for H&R Block and Intuit fell after a report Tuesday 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%, marking its worst day since Aug. 23 when the stock price fell nearly 7%. H&R Block, meanwhile, closed down 8% and had its worst day since 2020.

President-elect Donald Trump’s…

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Celtics beat Cavaliers 120-117, end Cleveland’s 15-game win streak to start season

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