IRS makes free tax return program permanent and is asking all states to join in 2025. This could deal a massive blow to private tax filing services such as TurboTax

Fuck all corpo scum! Intuit, TurboTax and H&R Block can all fuck right off! Corporate lobbying motherfuckers can burn in hell.

It's so weird to read a positive headline. :)

TurboTax for bankruptcy, LET'S GOOOOOOO!!!

It's kinda wild to see things moving in the right direction for once...

ICYMI: FTC judge rules Intuit broke law, must stop advertising TurboTax as “free”

According to Chappell's 242-page ruling, "the evidence proves that Intuit engaged in deceptive advertising in violation of Section 5 of the FTC Act." Intuit "advertised to consumers that they could file their taxes online for free using TurboTax, when in truth, for approximately two-thirds of taxpayers, the advertised claim was false," he wrote.

Cool. Now do Health Care!

Carry on IRS, I would have zero issues using their tax return service. I'm certain the corporate tax return lobbyist are working overtime to prevent this.

Any takers on what party of small government will try to dismantle this?

Dearest American friends,

I'm happy for you. Given your tax system this seems like a really positive step forward.

I hope it makes your lives better.

Wild to read how the US tax system works when you're used to the EU.

Maybe one day you'll also get automatic tax filling without lifting a finger.

Fuck you Intuit. Ha, what're you going to do now? Sue the IRS?

Narrator: They will try.

Inuit lost like 16% this past week. That's a $113 drop per share for em.

My last attempt at efiling went real well right up to the efile step at which point the online service used demanded 17.00 for the priviledge. Ended up downloading, printing, and mailing it in.

Does this include state taxes?

I signed up to do the free IRS filing but got rejected unfortunately because I had entered into a domestic partnership which made me ineligible. Not really sure why since I was filing single anyway but oh well, this is good news and I can't wait to try it next year.

This is HORRIBLE! I absolutely can NOT stand ANYTHING that makes Biden look good!

-Republicans who care about the Economy and the Country.

I’ll be the contrarian - this could be good for Intuit.

They were already forced to support free filing for simple returns. This IRS Direct File has similar eligibility, so Intuit already wasn’t making money off them, but now Intuit also doesn’t need the cost of scaling up for them

Intuit gets to take a bunch of freeloaders off their support costs, and can focus where their real profits are: people with more complex returns or higher income, that also don’t need an accountant

Intuit also gets to act less scammy. The only way they were making anything off those freeloaders was selling them things they don’t need

WhAAAAATT! wow that is amazing great news. Holy shit!

How about return free filling.. Why the hell do we have to do anything at all?

I know how Intuit will respond: By lobbying to kill this.

why are they leaving something like this up to the states?

Return free filing is really hard to find, every time I need to pay my taxes again, it gets harder and harder to find.

I'm truly amazed that this was ever a thing. The US is a case study of destroying value while raising GDP.

"TurboTax must die"

That would be the perfect title of a multi billion dollar franchise about rebels from the IRS tryijg to thwart known scammers from Intuit.

Except they'll make you sign up for id.me, biometrics and all.

Wonder how it'll compare to FreeTaxUSA? I've had very good luck with that the last few years.

US legislative: This is, now now now I say I say. This is un American gosh darn it!

This is the best summary I could come up with:

The IRS was tasked with looking into how to create a “direct file” system as part of the money it received from the Inflation Reduction Act signed into law by President Joe Biden in 2022.

“The IRS has been underfunded for decades, so taxpayers haven’t gotten the support they deserve,” Treasury Secretary Janet Yellen told reporters in a call Thursday.

Werfel said expanding the program will provide another filing option to taxpayers and “fits squarely into the IRS’ effort to make taxes as easy as possible for Americans, including saving time and money.”

The IRS has face intense blowback to Direct File from private tax preparation companies that have made billions from charging people to use their software and have spent millions lobbying Congress.

For the Direct File program to keep growing, it will need continued funding under the Inflation Reduction Act, which initially included $80 billion for the IRS.

House Republicans built a $1.4 billion reduction to the IRS into the debt ceiling and budget cuts package passed by Congress last summer.

The original article contains 486 words, the summary contains 173 words. Saved 64%. I'm a bot and I'm open source!

do these communism really expect the federal government to allow people to file taxes without a money changer middling man the filing?

NOT IN MY AMERICA!

Woooooo!

now if they an extend support with the state government support so consumers can finally end this chapter

As a person who not live in US, I wonder why people need private tax filing like TurboTax ? As where I live, my employer (the company I work for) do tax filing for me. I just need to sign, agree that they will do my tax filling.

Using this ended being a massive pain in the ass for me. I could file the federal taxes online, but after I submitted it and attempted to file my state taxes online it said I couldn't since I lived in NYC and made more than 75k/yr and I'd have to mail them in since it's impossible to file only your state taxes online due to the IRS' requirements.

I haven't used my printer in years so it was a hassle just to print out 5 pages and mail them half way across the country. It also delayed getting my refund by about a month.