Intuit Calls for Data Sharing After Suspect Tax Returns

Intuit Inc. Chief Executive Officer Brad Smith wrote to the Internal Revenue Service calling for the government to share information to help combat fraud, after states saw a rise in fraudulent returns being submitted via his company’s TurboTax tax software.

The letter, sent Monday to IRS Commissioner John Koskinen, urges the agency to take immediate action to combat growing tax refund fraud. It’s a move by Mountain View, California-based Intuit to contain fallout after a breach in content led to an increase in attempts to use stolen information for fake returns.