TurboTax Maker Intuit Reported $6 Billion Profits and Paid No Federal Income Tax in 2025
Intuit reported about $6 billion in profits in 2025 while paying no federal income tax, receiving a refund check from the IRS. The summary also links Intuit and tax-prep lobbyists to ending the IRS Direct File program and cites President Trump’s 2025 tax law providing Intuit over $1 billion in tax breaks, alongside claims about disingenuous messaging to lawmakers.