Page 12 - Derrick Plummer News Today

The idea has been batted around and hotly debated for a long time. Congress now has directed the IRS to report in on how such a system might work.

The IRS has been tasked with looking into how to create a government-operated electronic free-file tax return system for all. But that doesn’t sit well with the big tax-prep companies.

Almost one-quarter of Americans wait until the last minute to file their taxes.

View the The Bedford Gazette for Monday, April 17, 2023

Big tax preparation companies have millions of dollars to lose if the program comes to fruition. Last year, more than 60 million taxpayers were serviced by Intuit, the parent company of TurboTax, and H&R Block.

WASHINGTON (AP) — It’s that time of year when throngs of taxpayers are buckling down to file their income tax returns before Tuesday’s filing deadline. Ma

WASHINGTON (AP) — It’s that time of year when throngs of taxpayers are buckling down to file their income tax returns before Tuesday’s filing deadline. Many often pay to use software from private companies such as Intuit and H&R Block. Almost one-quarter of Americans wait until the last minute to file their taxes. There could […]

WASHINGTON — It’s that time of year when throngs of taxpayers are buckling down to file their income tax returns before Tuesday’s filing deadline. Many

Tax prep companies are against it.

WASHINGTON -- The IRS has been tasked with looking into how to create a government-operated electronic free-file tax return system for all. But that doesnt sit well with the big tax-prep companies.