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IRS challenges tax-prep giants with free e-filing system.

1 min read
Source: AL.com
IRS challenges tax-prep giants with free e-filing system.
Photo: AL.com
TL;DR

The IRS is testing a free online tax filing system that could compete with commercial preparers such as Turbo Tax and H&R Block. The system, which was funded through $15 million from last year’s Inflation Reduction Act, would be free and fill out some tax-related information for the user. Currently, the IRS Free File directs users to commercial providers through an existing public-private partnership, but the new system would put the agency in direct competition with those providers.

Topics:business#business#free-file#handr-block#irs#tax-filing#turbo-tax
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  1. IRS testing free tax filing system to compete with Turbo Tax, H&R Block and more  AL.com
  2. IRS looks into setting up a government-run tax filing system  Yahoo Finance
  3. IRS tests free e-filing system that could compete with tax-prep giants  The Washington Post
  4. Tax Prep Company Intuit Ramps Up Lobbying Ahead Of Free File Fight  HuffPost
  5. IRS to launch free tax filing pilot program next year  CNN
  6. View Full Coverage on Google News

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