On August 19, 2026, Connecticut Attorney General William Tong announced a $275,000 settlement with online tax preparation company TaxAct over allegations that the company improperly disclosed taxpayer information to advertising partners through third-party tracking technologies on its website. The Attorney General alleged that, between January 2018 and December 2022, TaxAct used third-party tracking technologies for analytics and marketing purposes and, in doing so, disclosed detailed taxpayer information without informing consumers.
The settlement is notable because it highlights regulatory scrutiny over the disclosure of financial information, and also because it imposes extensive governance, monitoring, and auditing requirements on TaxAct relating to the use of third-party tracking technologies. In addition, the settlement does not specify what law was allegedly violated.
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