Thursday, May 18, 2023

IRS to Test Free Tax Preparation Service in 2024

Woman preparing taxes at home
Zamrznuti tonovi / Shutterstock.com

The IRS has announced it is “taking steps” to test a new free tax preparation and filing service in 2024. Last year’s federal Inflation Reduction Act mandated that the IRS look into the feasibility of offering its own free, voluntary tax-filing service. This week, the agency delivered a report to Congress about such a service, which would be similar to commercial tax-filing options such as TaxAct...



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