Page 5 - Tax Prep Software News Today

TaxBit Inc. plans to announce Tuesday that Haun Ventures is a strategic investor in the startup, even as digital currencies face increasing regulatory pressure.

As you look to the 2023 tax season, here’s what it takes to move to an advanced cloud-based tech tool.

Legislators want to know how much Intuit makes off of low- and middle-income filers, and how many Intuit employees previously worked for federal agencies.

The Internal Revenue Service has contracted with Ripcord, a startup company that does robotic digitization of documents and records, to pilot test a program to digitize filings of Form 709.

The U.S. Federal Trade Commission has filed suit accusing TurboTax of overstating just how free its free filing options are, though Intuit denies the charge and said it will fight the case.

A recent study found that people who prefer to use DIY tax software prioritize cost while those who prefer paid preparers prioritize accuracy.

Whether you’re working with a tax pro or filing with tax software, these are the best ways to save money preparing your return this tax season.

The maker of TurboTax software reduced its fiscal second-quarter revenue forecast on a “slower forming tax season.”

Sasan Goodarzi warned that Americans who invested in speculative assets like Bitcoin or nonfungible token could be dumbfounded at this year’s tax bill.

The Internal Revenue Service made its Free File program available on Friday, allowing taxpayers who earn less than $73,000 in adjusted gross income to start preparing and filing their tax returns for free.