gerri: this is turbotax's response to going on.allegations from former employees are without merit filled with inaccuracies and rely on complete misunderstanding of intuit's business. talk about shooting that down. they say it is just not true. what is your response? >> my response is that intuit, has no interest whatsoever. they have nothing to gain by creating a system that allows bogus customers to tap into the accounts of legitimate customers and steal their refunds. how could that possibly help institute? i have to believe gerri, this company is doing everything they possibly can to protect data of their customers. gerri: yet, when asked directly as they were by "the washington post" reporter whether they feel responsibility to make sure that all of the returns that are being filed are accurate or actually from the people they say they are they said that is not our job. >> well look it -- gerri: that is exactly what they said, dan. >> no, you're right, gerri but the fact of the matter, it is ir's responsibility to audit tax re

shane mcdougle worked in security for intuit the company that owns turbotax. >> people should be very concerned. this is an industry wide problem and there's no incentive to fix this. >> reporter: he quit and complained to the securities and exchange commission claiming intuit could do more to confirm someone's identity by validating e-mails and associating a phone number to each account. >> when i pitched those ideas i was always told that we didn't want to impact the user experience. >> reporter: intuit says such claims are unfounded and that it used appropriate security measures for the threat level at the time and is instituting new procedures to ensure filers are who they say they are. with the months to go, what can online filers do to protect themselves? >> file as early as possible, the sooner the better. and if you're using these tax preparation services online, make sure that you're using a unique password. >> reporter: ethan doesn't know who has his refund. >> i'm going to be dealing with this at the very least for six more months. >> reporter: wondering just who has his mo

this year, turbotax has seen thousands of cases. for individual taxpayers this fraud is a nightmare. when they go to file their individual return, either the state or the federal government rejects it saying another return has already been filed using that number. security screening making sure filers are who they claim to be was far too lax. >> one of the questions they would ask you know, supposed to be the challenging question is, what is your last name? i mean, just ridiculous things like that. that for any sort of attacker, that's not a very high bar to cross. >> the problem got so bad that state tax commissioner flooded turbotax with complaints and the company suspended online state tax filings for 24 hours last month. it says users now have to go through extra security. in a statement to al jazeera the company disputed mcdugal's allegations, saying fraud is an industry wide problem adding any suggestion that intuit or any of its leaders made sacrifices for financial gain is unfounded. one of those leaders deputy general couns

they filed online using turbotax the top selling tax preparation software. only to discover someone else had beat them to it. >> i found out that the submission through turbotax was actually riddled with errors. and they passed it through still. >> reporter: he says someone used his or his wife's social security number. the recent rash of customer data thefts from companies like anthem health insurance has officials wondering if that's what's driving this season's dramatic increase in fraud. shane mcdugle worked for intuit. >> people should be very concerned. this is an industry wide problem and there's no incentive to fix this. >> reporter: he quit and complained to the securities and exchange commission claiming intuit -- by validating e-mails and associating phone number to each county. >> when i pitched those ideas i was always told that we didn't want to impact the user experience. >> reporter: intuit says such claims are unfounded and used appropriate security measures for the threat level at the time. and it instituting new procedures to ensure filers

and i grew with the panel's comments that this is not just a turbotax problem and not something that can be simply solved by governmental entities. we need the private sector who has got a very fiber business. why haven't we created a single easy-to-use portal so that the lady was conned and the story in utah -- there is a single place where you can at least check whether this is a real claim or not? do you want to speak to that notion on how we do a better job on consumer education and why we have not had the irs more active in collaboration with state tax departments and others -- and easy to find a and what would be the responsibility of the private sector providers like turbotax is and others to collaborate with that one portal? >> the remaining time left is to give issues you raise. one is a notification issue and how does the taxpayer check to see the return is filed. utah tries to identify both by having real-time identification that we believe your return has been hacked or files. we actually tell them. >> unlike the irs. >> we don't have the impediments pirates have on that

-- i agree with the panels comments that this is not just a turbotax problem. we need the private sector who has a very vibrant business as well, why haven't we created a single easy-to-use portal so that, when mrs. smith or the lady who was in the story in utah, there is a single place where you can at least check whether this is a real claim or not. do you all want to speak to that notion of how we do a better job in consumer education, why we haven't had the irs more act it in collaboration with the state tax apartments and others an easy to find fight and what would be the responsibility as well of the private sector providers, the turbotax is and others to collaborate with that one single portal question -- one single portal? . chair valentine: we actually tell them. we don't have the impediments that the irs has in that regard. we have an easy system now for taxpayers to check whether they have received their return or not. we sent out authentication issues. you can determine whether your return has been filed. we have been doing a public service announce

people having refunds stolen and turbotax is accused of making it easy for criminals to do it.l investigate. >>> new report says apple pay is making credit card fraud a breeze. >> data stolen from the recent hack that retailers including

quick books growing nicely, not the cheapest thing out there, but turbotax doing nicely against h&r blockng to be a tie, guy? >> no. it's not. like last night. intuit,uick books growth up 50% year over year, improving margins. yes, valuations are stretched but the last time the pony express was cool, they were in the backfield. you know what i mean. >> this company over and over has thee threats. >> this is not a debate. we're done. intuit. western union is out. on twitter you also said intuit. >> there you go. >> so intuit advances to the next round. this would be a good one, intuit versus paychex. tomorrow back to our tech conference with a huge matchup between apple and hewlett-packard. the winner will then take on cisco in the knicnext round. tune in or logon for exclusive previews ahead of each matchup. so exciting. >>> still ahead, why one trader thinks there's more pain ahead for the semiconductor space. everyone talks whe, about what happens when you turn sixty-five. but, really, it's what you do before that counts. see, medicare doesn't cover everything. only about eighty percent

.♪ ♪intuit turbotax.♪ ♪it's amazing what you're capable of.♪ [ female announcer ] hot pockets sandwiches. ...and our buttery seasoned crusts. then we add hot. because hot makes everything better. [ ding! ] [ female announcer ] better taste. better quality. ♪ hot pockets! ♪ ( cheers and applause ) >> larry: that's all the time we have for tonight. i want to thank our panelists: kal penn, amy holmes, kristen soltis anderson and lewis black. finally tonight, it's time to check in on larry wilmore's march badness bracketsball dare-o-mania. i still may have to do: if the duke blue devils win the national championship -- and remember, they're a number one seed -- i will host this show in spandex. that looks pretty good. actually, no that looks horrible. maybe we start that show with some light yoga? we'll have to see. next up, the top-seeded wisconsin badgers could send this show back to the middle ages thanks to a dare that came in on twitter from @atgarrettforreal. if wisconsin wins, i will have to wear a full suit of armor and host "the knightly show." ( laughter ) ( applause ) where do the

.♪ ♪intuit turbotax.♪ ♪it's amazing what you're capable of.♪ (mom) when our little girl was born we gotittle girl) bye bye! made a best friend forever. the back seat of my subaru is where she grew up. what? (announcer) the 2015 subaru forester (girl) what? (announcer) built to be there for your family. love. it's what makes a subaru a subaru. ladies and gentleman today we will be offering.. >>they're gone... what do you mean they're gone? >>the snacks. they're gone. they're missing. well they have to be here somewhere... they're not here. they can't just get up and walk away >>alright, only 13 more hours to go. you're gonna have to hold it! ( cheers and applause ) >> larry: okay. welcome back. it's time for a special st. patrick's day edition of what we like to call "keep it 100". for all you people who don't know what that is it means keep it 100% real. now tonight we're going to have a special question about parades. here's the deal. these are some of the parades here in new york city. you have to get rid of one of them. okay? all right? so we've got the philippine independence day pa

intuit turbotax. they tell you it's out there... somewhere. upon a star, over a rainbow.re the grass is greener and everyone's happily ever after. but it's not on a map. or some app. it's not someday or somehow. it's where ever you are, here and now. when you are you. [ rock music playing ] ( cheers and applause ). >> larry: all right welcome back. we've been discussing the concept of slut shaming and the negpower of word. so right now i'm going to ask my panel to explain some terms to me as if i am a sexist alien from the another planet. all right. ( laughter ) there we go. okay. if i feel that you have adequately explained term you will receive a "i kept it a-sleem-glorp." >> why do i want one of those? >> larry: and if you fail, i will present with you weak tea. >> oh, no. >> larry: what? we like tea. we're not savages. okay explain to me, jordan what is this term "booty call?" >> booty call? >> larry: what does it mean? >> is a movie from the 90s. ( applause ) it's bill belichickamy at his best. a booty call it's a rendezvous-- a hook-up. >> larry: what is that? >> it

.♪ ♪intuit turbotax.♪ ♪it's amazing what you're capable of.♪ >> larry: thank you! welcome back!ected to the topics in the grab bag. j.b., you're working at mcdonald's, all right? >> right. >> larry: and shaneka drives up, orders a bacon cheeseburger. you notice there's no bacon on that cheeseburger. >> right. >> larry: now, you're a comic. you like funny, okay? do you give her the burger snowing there's no bacon on it, for the laughs? because you know something funny is about to happen. or do you do the right thing as the mcdonald's employee, put the bacon on it and give her the burger. >> what do i do? i know her smart is coming back. take off the bun, put the bacon on both sides like the bacon is the bun. put the meat in the middle and put it in a box and give it to her stupid ass. you got the bacon! shut up! >> sounds delicious. that bun is staying with me! >> larry: he kept it 100! (cheers and applause) there you go. okay. all right. we'll go to robert on this one. there was a story we didn't show. one of the stories was of the pope recently lamenting about his fame and how

senator thune: the recent hack on turbotax has made headlines. the reason why turbotax has experienced this, is there reason why other companies haven't? mr. alley: we have identified breaches with that one vendor and we have taken additional steps to try to mitigate, that i think we are finding in indiana it is not just them that are impacted, the fraudsters are moving with greater agility permit if they impact one and have greater success, when those doors close, they readily moved to another set of doors. i think it is a systemic issue and it goes across the entire is -- industry. senator thiune: thank you very much. senator warner: we currently interview law saying that they don't believe that they find out that you have been the victim of identity fraud they don't even tell you as a citizen that you are a victim of that fraud. they don't notify law enforcement. so the notion whether i believe they could do it administratively or we could write them and shake them up a little bit more, but if we can't do it administratively, one step that we

second avoid common typos by using low-cost tax software like turbotax. these sites help with calculations. millennials can also tap into big deductions for instance if you itemized deductions and your income is within a certain range you may be able to deduct a big chunk of interest paid on your student loans. and for a little extra savings, you can file your taxes for free on irs.gov. >>> renting your house or willing to drive your own car to make extra money? we live in a sharing economy, but as with everything there are some risks. nbc's mary thompson has more on the insurance companies ready to support your latest venture. >> reporter: the ride-sharing service uber says it makes a million trips a day dove covering around the ground and providing insurers fertile ground for new kov can ratch. >> the sharing company could be huge es special loin the auto insurance side. >> reporter: among insure es providing policies for drivers are firms like uber and its rival lift are metlife, geico and usaa. >> well established exclusions carrying passengers engagi

people having refunds stolen and turbotax is accused of making it easy for criminals to do it.tigate. >>> new report says apple pay is making credit card fraud a breeze. >> data stolen from the recent hack that retailers including home depot and

the recent -- senator thune: the recent hack on turbotax has made headlines. how preventable is this? >> i'm not sure others have not been impact it. we identify the breaches that have occurred with one vendor. that they have taken additional steps to try to mitigate, that i think we are finding, in indiana, it is not just them that has been impacted. the fraudsters are moving with great agility. as they impact one with success and those doors close, they moved to another open door. i think it is a systemic issue and is very broad across the industry, not limited to any particular vendor or party. senator thune: thank you very much. chairman hatch: senator warner. senator warner: we have the same stories in virginia. one of the things that has come to my attention, and we might have some legislation, the irs currently interprets the law saying that they do not believe that if they find out if you have been the victim of identity fraud, they do not tell you as a citizen that you are the victim. they do not know -- they do not notify law enforcement. the notion

♪intuit turbotax.lice. only maize, hops, barley... and water. and because water is so important to us, we've partnered with water.org to help those who don't have access to it. each limited edition chalice provides five years of clean drinking water to women in the developing world. ♪ ♪ [ cheers and applause ] >> jimmy: you make this look so good. you're just amazing. we're hanging out with the best talent in the whole wide world, helen mirren, ladies and gentlemen. [ applause ] i love you. i love your acting. you're so elegant. you're so classy. you have the best british accent. very, very proper. >> proper. >> jimmy: yes, proper. >> well, you know, the queen has a terribly posh accent. >> jimmy: oh really? >> she talks like that. she really, really does. and i don't know if you've noticed, but i don't actually talk like that at all. i don't naturally talk like the queen. >> jimmy: no, you don't. >> i've got an okay accent. but the queen has the perfect upper-class accent. >> jimmy: very upper class.

you know the guys in prison who come up with dummy accounts but this recent thing with turbotax. we could go through one fraudulent thing after another. what is the impact of shrinking amount of money both in the area of enforcement and then the investigation staff and all that you have? >> it cuts across the board because we have no choice but to cut across the border three quarters of her budget is people. as with fewer people we have to have fewer people everywhere. we've tried to support and maintain the number of people helping taxpayers who have been victims of taxpayer fraud, but the short underfunded of our information technology means we've made less progress in the department of our filters and a system capable of dealing with the influx of those returns. we have 5000 fewer revenue agents officers and criminal investigators. so while again an increasing percentage of our for criminal investigation work is focused on tracking down identity thieves and those are responsible for refund fraud, there's a limit to what our revenue agents can do a limit to what our criminal in

turbotax meets financial planning.i need to figure out exactly what to do with my finances. we connect you to an unbiased independent financial planner on our staff. you pay a subscription service each year. we have made financial planning accessible to the masses in the country. it's designed for people who could not get access to service prior. alix: how much does it end up costing? >> is $299 for the first month and then $19 a month after that. it's like a gym membership about $500 a year. making it really accessible for people like myself to be able to get access to financial advice. alix: are people taking more responsibility for their own decisions rather than seeking out advice? >> the financial planning industry, if you have a lot of money, you have great access to advice. in many ways, financial planning is a luxury auto. in general i have a strong view that financial planning should not be a luxury auto. it should be something that is accessible. we all have to file our taxes. we all should really have a fina

others, an easy to find site and what would be the responsibility for private providers such as turbotax and others to collaborate with that one single portal. >> with the main time left there are two issues, one is a notification issue the second one is how does it check to see if the return has been filed. we have real-time notification so we believe that your real-time has been hacked. we don't have the impediments that the irs has. the second is we have an easy system for taxpayers to check whether there system has been filed or not. you go to the tax commission website and fill out the authentication issues and then you can determine if your return has been filed. we have done a look service announcements, if you return has been filed and you haven't filed it, here is the number to call. >> wouldn't be better to have some natural education process since the disproportionate amount of fraud is taking place at the federal level rather than the state level? >> i would agree as well it is getting the resources and the funding and the players collaborating at the same time. it represents

the guys in prison who come up with dummy accounts, this recent thing with turbotax, we could go through one fraudulent thing after another. what is the impact of shrinking amount of money both in the area of enforcement and in investigations that you have? >> across the board, we have no choice but to cut across the board. we are to have fewer people everywhere. we have tried to support and maintain the number of people helping taxpayers who have been victims of taxpayer fraud. we have made less progress in the development of our filters in our system capable of dealing with the influx of those returns. we have 5000 fewer agents and criminal investigators. an increasing percentage of our criminal work is focused on cracking down on identity thieves, but there is a limit to what our revenue agents to do, and what our criminal investigators can do. there's a reference to the earned income tax credit, a problem i am concerned about. we need help from congress in terms of legislative fixes. there again, we religion number of people in that area as well -- we have a limited number of people

.♪ ♪intuit turbotax.♪ ♪it's amazing what you're capable of.♪ >> partaking a rook at the headlines, ames more likely to get drunk the first semester of high school. the bigger your wallet the better for your child's brain development. the financial standing affects the surface area of children's brains regardless of race or genetic answers. even a small raise for parents can have a bigger effect on brain size and test scores. the one thing you should do before you hop on an airplane. drink water. if you don't, you could be [screaming] aaaaahhhh. my dress is ruined! [car screech] [door slam] how did you book the professional? she didn't. i'm just that good. i know how to get out that cupcake, cupcake. try persil proclean. you see, persil proclean was developed by professionals with pro power technology to help get out though stains for a premium clean. ohhhh... new persil proclean. only at walmart. does all greek yogurt have to be thick? does it all have to be the same? not with new light and fluffy yoplait greek 100 whips! let's whip up the rules of greek! >>> good morning. i'm chris

.♪ ♪intuit turbotax.♪ ♪it's amazing what you're capable of.♪ >>> good morning i'm vai sikahema. forecast with bill henley. good morning, bill. >>> everything but sunshine. but we'll see clouds and be tracking rain and snow. snow showers rolled through center city. and much of the rest of the area, while it's rain farther to the south, the showers are still producing some snowflakes in portions of gloucester camden and into burlington counties. farther to the south, it's just rain. temperatures are in the 30s. you may find a dusting of snow in parts of new jersey on the cars on the colder surfaces for the roads, but they should be fine. gusty winds will clear things out after midday showers with temperatures climbing into the middle to upper 50s. >>> thank you, bill. first alert traffic reporter christine maddela is keeping an eye on the roads for us. good morning christine. >>> good morning. it's a slow go on the portions of the schuylkill expressway this morning and same thing goes for 95. seeing a look at the drive times out there, you'll see a slowdown with a red light on 95

.♪ ♪intuit turbotax.♪ ♪it's amazing what you're capable of.♪ a very good morning toy. it to you.appeal from former morgan hill high school students ordered to turn their american flag t-shirts inside out during a school cinco de mayo celebration. justices left in place an appeals court ruling that found school officials five years ago acted appropriately over concerns about potential violence. the court rejected the appeal without comment. >>> happening today, the legal dispute dividing the family of the late robin williams will be heard in a san francisco courtroom. williams wife filed papers alleging some of her husband's personal items had been removed from the couple's tiburon home. the three children say susan williams is deliberately blocking independent trustees from conducting an accurate inventory. >>> how do the words president fiorina sound? the former ceo of hewlett-packard said she is more than 90% likely to make a run for the republican presidential nomination talking about karly fiorina. >>> also talking about the weather today, we check it now meteorologist christ

.♪ ♪intuit turbotax.♪ ♪it's amazing what you're capable of.♪ in the quaint town of petaluma you'll findt) if you don't live there you could probably find one of these restaurants right around the corner. the 250 calorie egg white delight. ♪ just one lemon left. lemon skittles are my favorite. they're my favorite. let's settle it the usual way! settle it! let's settle it the usual way! wooooo! woowee! settle the rainbow! taste the rainbow! >>> all right. we are back now at 7:40 with a new look. it can't be a dangerous world of rodeo and its growing popularity with children. despite the injury and death, parents are letting young children saddle up. >> good morning. there was a distinct family feeling at the texas youth rodeo we attended in ft. worth. many of the dads had ridden bulls, themselves. the kids were enthusiastic brave and adorable. every parent we talked to conceded it is a dangerous sport. they said they believe it's well worth the risk. it's a family affair at the texas youth bull riders rodeo and the kids start young. >> you know soccer moms. we're rodeo dads. >> reporter:

guys in prison who come up with dummy accounts this recent thing with turbotax.ter another. what what is the impact of a shrinking amount of money in the area of enforcement and the investigation staff to back. >> cuts across the board because we have no choice but to cut across the board. we have tried to support and maintain the number of people helping taxpayers who have been victims of fraud, but the underfunding of information technology means we have made less progress in our systems capable of dealing with the influx of those returns. 5,000 fewer revenue agents officers, and criminal investigators. an increasing percentage of criminal investigation work is focused on tracking down identity thieves there is a limit to what our revenue agents can do and what are criminal investigators can do. there is a reference to the end income tax credit which i am concerned about. we need help from congress. they are again we have a limited number of people auditor that area, as well. >> with this double sequester and reductions that congress is forced upon you are you