Shares of Intuit (INTU) and H&R Block (HRB) are moving lower after the Washington Post reported that leaders of President-elect Donald Trump’s “Department of Government Efficiency” have discussed trying to create a mobile app for Americans to file their taxes free with the Internal Revenue Service. Shares of Intuit are down 5% to $642.92 in midday trading while H&R Block is down 8% to $55.82.
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