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The Clark Howard Podcast

3.22.19 Free tax prep and your privacy; Clark Stinks

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.65.2K Ratings

🗓️ 22 March 2019

⏱️ 36 minutes

🧾️ Download transcript

Summary

Free tax preparation services might be offering you that free service in exchange for your data; Christa reads listener posts about how Clark has missed the mark in his advice this week. If you have a "Clark Stinks" to share you can leave it here. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Not letting an unexpected period or a bit of pee damp in your day?

0:05.0

That's life-changing. At Monty Body, we do absorb it a parallel for periods, pee, sweat, and more.

0:11.0

Visit MontyBody.com, Monty Body, Life Changing a Parallel.

0:22.0

Glad you're here with us on the Clark Howard Show where it's about you and that wallety yours.

0:27.0

Why don't you have fatten that wallet?

0:30.0

You know, Clark.com's our main website.

0:32.0

And if you have a question for me, go to Clark.com slash ask.

0:36.0

If you want to ask me directly, check that box that puts you on the air with me.

0:42.0

So, I want to do a point counterpoint.

0:45.0

There is a financial writer with a Washington Post who takes exception to...

0:54.0

He didn't mention me specifically in this article, does he?

0:57.0

He takes great exception to my excitement about credit karma tax.

1:03.0

If you have not done your tax return yet, or maybe you're not even familiar with credit karma tax,

1:10.0

credit karma, the people I recommend for you to be able to monitor what's going on with your credit score,

1:16.0

to do free credit monitoring, various things like that.

1:21.0

Credit karma has been putting more and more effort into offering free income tax preparation and filing.

1:29.0

The federal level, and if you live in a state with a state income tax, at the state level.

1:34.0

And so, the writer Jeff Fowler is upset to say the least about what credit karma tax is up to.

1:47.0

So, the way they make their money when you do the free credit scoring and all that,

1:54.0

is their feeding you offers that they know based on your profile and your credit score that you're going to qualify for.

2:02.0

By doing your income tax for free, well, what they're then able to do is they know your exact income,

2:13.0

which makes it much more precise for them to target you with offers.

...

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