Expanded IRS free-file system one step closer in Dems' bill - News Summed Up

Expanded IRS free-file system one step closer in Dems' bill


Even in a best-case scenario, it will likely take years to get a new, free system up and running. In short, the IRS agreed not create its own filing system if companies would instead provide free services to taxpayers making $73,000 or less. The watchdog recommended the IRS find new free filing options before the Alliance expires in October 2023. Intuit withdrew from the Alliance in July 2021, stating in a blog post that the company could provide its benefits without the Free File Alliance's limitations. “Filing taxes is enormously time-consuming.


Source: New York Times August 13, 2022 18:52 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */