Tax Troubles, Tax Triumphs

Ah, April 15. The day most Americans come together as a nation and file their taxes. Maybe this year you used TurboTax? Or hired a tax preparer or some other service? Or you did them entirely by yourself the old-fashioned way?

One thing’s for sure – if Congress passes the so-called Taxpayer First Act, you won’t be able to file using free software via the Internal Revenue Service (IRS). The bipartisan bill would prevent the IRS from creating its own tax filing service.

Here’s why critics of the bill are upset, according to ProPublica:

Experts have long argued that the IRS has failed to make filing taxes as easy and cheap as it could be. In addition to a free system of online tax preparation and filing, the agency could provide people with pre-filled tax forms containing the salary data the agency…

Original published: 2019-04-16 10:05:30 Read the full New York City News here

Some local news is curated - Original might have been posted at a different date/ time! Click the source link for details.

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