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Partnership Beats IRS In Tax Court: BBA Election Held Valid
Forbes· 24 hours agoIn SN Worthington Holdings LLC v. Comm’r, 162 T.C. No. 10 (May 22, 2024), a partnership made an election to have its audit conducted under the new Bipartisan Budget Act of 2015 (BBA) partnership ...
IRS Extends Free File Program Through 2029, While Direct File Future Remains Uncertain
Forbes· 2 days agoThe IRS will extend the Free File program through October 2029, following an agreement to continue...
IRS update offers boost to millions of taxpayers
Newsweek· 2 days ago"This multiyear agreement will also provide certainty for private-sector partners to help with their future Free File planning." The agency introduced...
IRS Announces Extension of Free File Program Through 2029
Sierra Sun Times· 2 days agoThe five-year extension agreement between the IRS and Free File Inc. will continue the program...
TurboTax lost 1 million customers just when the IRS introduced its own free tax filing option and...
Fortune· 9 hours agoIntuit has been working to cater its TurboTax software to those with more complicated tax situations, betting on the idea that those particular customers could use online ...
Intuit's TurboTax Lost 1 Million Free Users This Tax Season
Bloomberg via Yahoo Finance· 8 hours ago(Bloomberg) -- Intuit Inc. shares dropped the most in two years after the company reported losing 1...
Council Post: Three Ways Business Owners Can Reduce The Risk Of An IRS Audit
Forbes· 24 hours agoThe fear of an IRS audit is such a common fear among business owners. The thought of having to look...
Intuit Stock Slumps After Warning TurboTax Could Lose 1 Million Free Users
Investopedia· 22 hours agoIntuit said that it expects those who pay nothing to use TurboTax will decline to over 10 million...
...Call on Feds to Crack Down on Tax Prep Giants’ Ongoing ...Privacy - Lawmakers’ Letter to FTC, IRS...
Sierra Sun Times· 2 days agoThe letter from Wyden and the four members of the Senate and House follows up on findings of the lawmakers’ July 2023 investigation that found H&R Block, TaxAct, and TaxSlayer had illegally.
TurboTax’s Intuit Is the S&P 500’s Worst Performer Friday. Analysts Still Like the Stock.
Barrons.com· 10 hours agoOne factor is added competition beyond H&R Block. This past tax season, the IRS opened its own free...