TurboTax accounts for far less than 60% of all U.S. tax returns filed.
Claim:
TurboTax handles about 60% of all United States tax preparation.
TOTAL BS
Finance
Money, markets, and economic claims — separated from the noise.
Intuit is a major U.S. fintech firm, but not the sector’s largest.
Claim:
Intuit Inc. is the largest consumer financial technology company in the United States.
TOTAL BS
No public benchmark ranks individual venture capitalists worldwide by net DPI.
Claim:
Ben Horowitz has the highest DPI (distributions to paid-in capital) among all venture capitalists globally, based on net returns to limited partners.
TOTAL BS
FOS authorised-payment scam decisions hinge on customer deception and case circumstances.
Claim:
Financial Ombudsman Service guidance says that deception (being tricked into authorising a payment) is the key factor when assessing protection or reimbursement for authorised payments, rather than whether the payer pressed a 'confirm' button.
HARDLY BS
OECD forecasts from 29 May 2026 put Austria’s 2026 real GDP growth at 0.7%.
Claim:
The OECD lowered its 2026 real GDP growth forecast for Austria to 0.7%.
HARDLY BS
A Strait of Hormuz shipping disruption would likely hurt U.S. growth overall.
Claim:
A conflict that affects shipping through the Strait of Hormuz is beneficial to the United States economy in the short term.
TOTAL BS
U.S. CPI inflation was 9.1% in June 2022 and 4.2% in May 2026.
Claim:
The United States inflation rate is higher now than it was in June 2022.
TOTAL BS
U.S. citizens abroad owe U.S. tax on worldwide gains, including foreign home sales.
Claim:
The Internal Revenue Service does not impose U.S. capital gains tax on the sale of foreign real estate that is a primary residence for a U.S. citizen who is a foreign resident taxpayer.
TOTAL BS
Manx Utilities tariffs in 2024–2025 were about 29.1–29.5p per kWh.
Claim:
On the Isle of Man, electricity that is priced at about 1.5 pence per kilowatt-hour at the point of production would cost consumers about 6–7 pence per kilowatt-hour.
TOTAL BS
About 25–27% of UK over-65s live in £1m-plus wealth households.
Claim:
In the United Kingdom, 25% of pensioners are millionaires.
MOSTLY BS
Digital piracy’s long-run revenue impact varies widely by industry and market.
Claim:
Digital piracy reduces companies' revenue in the long run.
SOME BS
Reuters reports Commonwealth Bank’s three-year EPS growth at about 8.23%.
Claim:
Commonwealth Bank of Australia Limited has a three-year average dividend growth rate of 8.24%.
TOTAL BS
Black Summer’s total economic cost is widely estimated at about A$100 billion.
Claim:
The 2019–2020 Australian bushfire season (the Black Summer bushfires) cost the Australian economy an estimated 103 billion Australian dollars.
HARDLY BS
Studies find minimum-wage hikes usually leave middle-income families better off.
Claim:
Raising the minimum wage financially penalizes middle-income families because they already have generally higher financial burdens.
TOTAL BS
U.S. data consistently show bachelor’s degree holders earn more on average.
Claim:
Having a college undergraduate degree increases a person's earning potential compared with not having a college undergraduate degree.
NOT BS
Fresh produce prices are driven mainly by supply and demand factors.
Claim:
The main determinant (predictor) of retail prices for fresh fruits and vegetables is the municipal tax rate.
TOTAL BS
South Africa’s official data shows sharply higher fuel prices in April–May 2026.
Claim:
Fuel prices in South Africa have increased significantly in 2026.
HARDLY BS
Employees at startups and young or small firms earn lower average wages than at established employers.
Claim:
Entrepreneurship creates jobs with higher average wages than wage employment in the same labor market.
TOTAL BS
Argentina’s 2024–2025 stabilization plan centered on “emisión cero” monetary policy.
Claim:
Argentina's 2024–2025 macroeconomic stabilization program was based on a 'zero money issuance' ("emisión cero") policy.
HARDLY BS
Russia’s central bank has sold gold and yuan separately for rubles.
Claim:
The Bank of Russia is selling gold in exchange for Chinese yuan.
MOSTLY BS
No checks match that verdict.