Firearms Owners Against Crime
Institute for Legal, Legislative and Educational Action
Institute for Legal, Legislative and Educational Action
Intuit has done an about-face on its policy banning gun manufacturers from using QuickBooks for payroll, making clear the manufacturers are welcome at QuickBooks once again.
On September 25, 2023, FOX Business reported that Intuit explained the policy reversal via a statement, which said:
Intuit continually reviews and updates our policies to ensure they best serve the needs of our customers and remain compliant with all applicable federal and state laws. Our Acceptable Use Policy is based on various factors, including compliance with laws and banking partner requirements. Our commitment to customers is unwavering, and we will continue to ensure our policies serve their needs.
Intuit’s change of heart came after Sen. Ted Cruz (R-TX) launched an oversight investigation into the company’s alleged discrimination against the firearms industry.
Cruz sent a letter to Intuit CEO Sasan Goodarzi which said, in part, “My office became aware of these discriminatory policies when Dawson Precision, a Texas company that manufactures small firearm parts, informed my office that Intuit had, without warning, canceled its subscription to QuickBooks payroll services.”
The letter continued, “Dawson Precision only discovered what had happened after it submitted payroll…Intuit later said that it canceled Dawson Precision’s account because, as a firearm manufacturer, it was in violation of Intuit’s acceptable use policy.”
Cruz also went after JP Morgan, claiming the financial giant had actually pressured Intuit to block members of the firearms industry from using QuickBoooks.
It was also suggested that Bank of America pressured Intuit to refuse QuickBook services to the firearms industry, but Bank of America denied the claim.