Intuit Inc. — Ethics Grade D
Intuit Inc. receives an overall ethics grade of D (28/100) on CancelCo's corporate accountability database. Sector: Technology. Market cap: Large Cap.
Category scores
- labor: 65
- privacy: 20
- consumer: 15
- environment: 70
- humanRights: 80
Documented incidents (3)
- Deceptive 'Free' Filings Settlement (high, 2022) — Intuit was ordered to pay $141 million in restitution for tricking millions of low-income users into paying for tax services that should have been free under a federal program. The company used 'dark patterns' to hide free filing options.
- Lobbying Against IRS Free File (medium, 2019) — Reports revealed Intuit spent millions lobbying to prevent the IRS from creating its own free tax filing system. This efforts were aimed at protecting the market dominance of TurboTax.
- Recurring Security Breaches (medium, 2023) — Intuit's Mailchimp service suffered multiple social engineering attacks that allowed unauthorized access to user data. This included access to internal tools and dozens of customer accounts.
Documented good deeds
- Small Business Success Fund — Intuit committed $1 million in grants and business coaching to minority-owned small businesses affected by the pandemic.
Ethical alternatives
- Wave Financial — More transparent pricing for small business bookkeeping.