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IRS Says Its Free Tax-Prep Software Saved Americans $5.6 Million in Fees
Barrons.com· 2 days agoIntuit has been a vocal critic of Direct File, claiming that its free version for basic returns is...
IRS calls its free Direct File tax-prep tool a success. Will it be back in 2025?
Morningstar· 2 days agoNow it's a question of whether the IRS's no-fee Direct File platform, which had its test run in 12 states this tax-filing season, ever comes back. IRS and ...
Claiming high user satisfaction, IRS will decide on renewing free tax site
Washington Post· 2 days agoExperts say a nationwide rollout could someday disrupt the multibillion-dollar tax preparation...
Ask Amy: Bad tax advice left me out of big money. Can I get reimbursed?
The Cleveland Plain Dealer· 40 minutes agoDear Amy: My boyfriend’s dad is a CPA, with decades of experience. A few years ago he offered to do...
Some Americans filed free with IRS Direct File pilot in 2024, but not everyone's a fan
USA TODAY via Yahoo Finance· 3 days agoIf a user’s tax situation was out of scope of the pilot, they were directed to other options to...
How to track business expenses in 6 simple steps
Stacker via AOL· 6 days agoUtilities Telephone and internet Office supplies and equipment SaaS subscriptions Professional services like accounting, legal, and other contractors...
Move Over, TurboTax? IRS Considers Expanding Free Tax-Filing Program
The Wall Street Journal· 2 days agoWASHINGTON—The Internal Revenue Service declared its foray into online tax preparation a success and...
The IRS’ challenge to TurboTax and H&R Block is working
Quartz· 2 days agoIn spite of years of lobbying from Intuit, the maker of Turbo Tax, and H&R Block, the U.S. Internal...
2024 IRS Direct File pilot: Will it prove to be a win, a loss or a draw?
Lohud | The Journal News via Yahoo News· 5 days agoThe pilot software is also being rolled out slowly and methodically, to grow through successive iterations. Each tax year, the IRS will need to test, scale ...
What Crypto CPAs Should Know About Form 1099-DA
Forbes· 1 day agoWith the majority of crypto tax concerns focused around complying with forthcoming changes to the IRS code, specifically 6045 and 6050I, it would be easy to overlook an entirely ...