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IRS makes free online filing program permanent

Treasury Secretary Janet Yellen announced Thursday that the free online tax filing program the IRS piloted this year will be made permanent and expanded in scope. The online platform, called “Direct File,” will integrate with state tax systems and process a limited number of deductions that it plans to expand further, Treasury Secretary Janet Yellen […]

IRS extends Free File tax program

The IRS tax preparation program, which allows citizens to use certain corporate tax preparation software for free, will be extended through 2029, the agency announced Wednesday. Participating software companies in 2024 include Tax Act, Online Taxes, Tax Hawk, and On-Line Taxes. “Free File remains an important part of the IRS portfolio, allowing taxpayers to file […]

Advocates for IRS whistleblowers accuse Special Counsel Weiss of retaliation, misleading: ‘Smear campaign’

Lawyers for two IRS whistleblowers who tipped Congress about Hunter Biden’s criminal investigation are calling for an Inspector General investigation of special counsel David Weiss for “withholding and distorting” information, and the Biden family Anxiety is growing at the National Diet Building as investigations into suspicions of conduct and political use are underway. of the […]

Tax refund, IRS, file | Fox Business

“Kudlow” panelists Jason Trennato and EJ Antoni discuss slowing growth as inflation continues under President Biden. The clock is ticking for Americans to file for their 2020 tax refunds as the May 17 deadline approaches. Approximately 1 million people have failed to apply, leaving the IRS with a total of more than $1 billion worth […]

IRS urged to probe tax-exempt groups supporting anti-Israel protests

Fox’s first appearance: Senate Republicans on Thursday night called for an investigation into the tax-exempt status of several organizations that have supported various anti-Israel and anti-Semitic protests at universities across the country. Sen. Joni Ernst (R-Iowa), in a letter to Internal Revenue Service (IRS) Commissioner Danny Wuerffel, wrote to the Educational Foundation for Palestine (AJP), […]

The IRS says audits are about to surge — here’s who’s most at risk

The Internal Revenue Service said it plans to significantly increase audit rates for large corporations, partnerships and billionaires over the next three years, following a major funding boost from the Biden administration. The IRS stated in one document: news release On Thursday, it announced it aims to nearly triple the audit rate for companies with […]