IRS Extends Free File Tax Program and Considers Scaling Direct File Program
IRS Extends Free File Tax Program
The IRS tax filing program, Free File, is extended through 2029, offering citizens access to free corporate tax filing software. Participating software companies include Tax Act, Online Taxes, Tax Hawk, and On-Line Taxes.
Challenges and Legal Issues
Major companies like H&R Block and Intuit left the Free File program in 2023 due to legal scrutiny for deceptive practices. Intuit faced a $141 million settlement for allegedly diverting low-income customers to paid services.
Introduction of Direct File Program
The IRS launched the Direct File program with limited functionality, attracting hundreds of thousands of taxpayers. However, the program faces limitations in handling capital income and certain tax forms.
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