Surge Pricing on Your Tax Return: Preparers Squeeze Procrastinators

Surge Pricing on Your Tax Return: Preparers Squeeze Procrastinators

Surge Pricing on Your Tax Return: Preparers Squeeze Procrastinators

TurboTax, H&R Block, and TaxAct have practiced their own form of surge pricing for years. They offer cheap, sometimes even free services to early filers. Then, usually in late March, they slap customers with price hikes of 30 percent or more. Sometimes they continue ratcheting prices up in the days before the deadline. You would expect people with more complicated taxes to pay a preparer more—but all categories of taxpayers get hit with price increases as the deadline nears, including those with very basic tax situations. 

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