It's something lawmakers and advocates have been seeking for years. For many Americans, it's frustrating that beyond having to pay sometimes hefty tax bills, they also have to shell out additional money for tax preparation programs or preparers because of an increasingly complex U.S. tax system.
Several hurdles stand in the way. Even in a best-case scenario, it will likely take years to get a new, free system up and running. There's also pushback from commercial tax preparation companies, which question whether Americans want the IRS to prepare their taxes. The Government Accountability Office in April reported that while 70% of taxpayers were eligible for services through the Free File Alliance, only 3% of taxpayers actually use the service. The watchdog recommended the IRS find new free filing options before the Alliance expires in October 2023.Included is a provision that allots $15 million to the IRS to make plans for a free direct e-file tax return system.
Vanessa Williamson, a senior fellow at the Urban-Brookings Tax Policy Center, said "if the IRS moves forward with a free product, it could save lower-income families the money they used to give to H"Tax prep companies are notorious for tricking tax filers into paying for services they should be getting for free," Williamson said, "so an IRS free file service would be a very welcome step that would save Americans money."&R Block Inc.
Bruce Sacerdote, a Dartmouth economist, has examined systems in other countries in which taxpayers don't have to enter much data on their electronic forms because the government has already done so.
Source: Energy Industry News (energyindustrynews.net)
BidenFlation
Climate is what it is no facts stated you had the ability to fight what is.. so eone else must live it..
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Expanded IRS free-file system one step closer in Dems’ billThe flagship climate change and health care bill passed by Democrats and soon to be signed by President Joe Biden will bring U.S. taxpayers one step closer to a government-operated electronic free-file tax return system. Dystopian.
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Expanded IRS free-file system one step closer in Dems’ billThe flagship climate change and health care bill passed by Democrats and soon to be signed by President Joe Biden will bring U.S. taxpayers one step closer to a government-operated electronic free-file tax return system. Bringing us closer to having our employers send our paychecks to the Government & they in return sending us an allowance. Slaves Let me get this straight. We need 87,000 new IRS agents to assure a new simple tax filing system will obviate the need for tax filing assistance? This is by definition:Nuts. And place citizens under more commumist control. If the left love totalitarianism move to a country that is run by a dictatorship& stop turning America into a dictatorship. The government is currently fabricating evidence in order 2 lock up many Americans. Free press? My ass
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Expanded IRS free-file system one step closer in Dems' billThe flagship climate change and health care bill passed by Democrats and soon to be signed by President Joe Biden will bring U.S. taxpayers one step closer to a government-operated electronic free-file tax return system Flagship The disastrous tax and spend bill is more like the Titanic...! To all seniors and others on Medicare. Please read the following: The maximum drug pricing will stay the same until 2025. We won't save a penny for years. Definitely isn't going to help with inflation or lowering our costs.
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Expanded IRS free-file system one step closer in Dems' billThe flagship climate change and health care bill passed by Democrats and soon to be signed by President Joe Biden will bring U.S. taxpayers one step closer to a government-operated electronic free-file tax return system. 🤣🤣🤣🤣🤣300Billion dollars is a JOKE. Current US debt is 30TRILLION+ INTEREST. That is being robbed from Social security. DON'T FORGET RELEASE BRITNEY FOR THE (MERCHANT OF DEATH) ONE OF THE BEST PROBLEMS YOU HAVE TAKEN CARE OF. MAKES ME REALLY GOING TO VOTE FOR TRUMP!
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Expanded IRS free-file system one step closer in Dems' billThe flagship climate change and health care bill passed by Democrats and soon to be signed by President Joe Biden will bring U.S. taxpayers one step closer to a government-operated electronic free-file tax return system. What ever happened to the “Reduce the Inflation Act”? Pathetic over reach again to have even more gov control..people better wakeup to the one party system that you and the msm are running cover for before we are venezuela.if its not already too late
Source: 6abc - 🏆 250. / 63 Read more »
Inflation Reduction Act: IRS one step closer to free tax-filing system with new fundingFor many Americans, it's frustrating that beyond having to pay sometimes hefty tax bills, they also have to shell out more money for tax preparation programs or preparers. Don't forget the part where Covid unemployment resulted in a $800-$2000 tax bill for NYers the state sent out a letter stating 'You did take out enough taxes!' like why didn't you send that letter out right away instead of waiting for the end of the year Thank God democrats actually care about our country. All while GOP is claiming democrats are increasing funding at irs to go after middle class Americans?! Wtf? The IRS doesn’t have the resources to go after the people that escape taxation (the rich). This is fixing that. We can't wait! Looking forward to dumping the ever increasing costs of .. E-Filing with turbo! It's e-filing ...
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