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Ontario families owe thousands in tax debt after Turbotax did not flag costly error [Globe and Mail, The (Toronto, Canada)]

Walmart Inc. (WMT)  More Company Research Source: Globe and Mail, The
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
TurboTax software is pictured in a Sam's Club in Pittsburgh, Pa., on Feb. 22, 2018. Gene J. Puskar/The Associated Press Many Ontario families say they owe thousands of dollars in tax debt and interest because of a problem with the TurboTax software they used to file their annual tax returns. Several dual-income couples with young children say they recently discovered that they received hefty overpayments of Ontario’s child care tax credit, sometimes over several years, after filing their taxes with TurboTax. The issue involves customers who relied on a desktop version of the software meant for advanced users, the company said. Affected tax payers have recently received notices of reassessment from the Canada Revenue Agency, with some reporting they’ll have to pay more than $10,000. The tax-filing service, which is owned by U.S.-based Intuit Inc. INTU-Q +0.09% increase, says its software calculates the credit correctly based on the information users provide. But evidence reviewed [Read more]
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Stockreport

Ontario families owe thousands in tax debt after Turbotax did not flag costly error [Globe and Mail, The (Toronto, Canada)]

Walmart Inc.  (WMT) 
More Company Research Source: Globe and Mail, The
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
TurboTax software is pictured in a Sam's Club in Pittsburgh, Pa., on Feb. 22, 2018. Gene J. Puskar/The Associated Press Many Ontario families say they owe thousands of dollars in tax debt and interest because of a problem with the TurboTax software they used to file their annual tax returns. Several dual-income couples with young children say they recently discovered that they received hefty overpayments of Ontario’s child care tax credit, sometimes over several years, after filing their taxes with TurboTax. The issue involves customers who relied on a desktop version of the software meant for advanced users, the company said. Affected tax payers have recently received notices of reassessment from the Canada Revenue Agency, with some reporting they’ll have to pay more than $10,000. The tax-filing service, which is owned by U.S.-based Intuit Inc. INTU-Q +0.09% increase, says its software calculates the credit correctly based on the information users provide. But evidence reviewed [Read more]
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WMT
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Price Change %
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%
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Performance comparison Updated
EVENT DAY
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LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
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MAX UP
High:
Low:
MAX DOWN
Low:
%
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%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
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%
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%
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