Report: Tax Prep Services Send Facebook ‘Sensitive Financial 411’

Verge report found tax preparation services send data as part of potential advertising scheme

  • A recent report found that tax preparation services have been allegedly sending sensitive personal financial information to Facebook.
  • The report claimed the information “can be used by the company to power its advertising algorithms,” and is “gathered regardless of whether the person using the tax filing service has an account on Facebook or other platforms operated by its owner Meta.”
  • Companies including H&R Block, TaxSlayer, and TaxAct have allegedly been sending Facebook, “”not only information like names and email addresses but often even more detailed information, including data on users’ income, filing status, refund amounts, and dependents’ college scholarship amounts.”
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