New IRS Tool for Free Tax Return E-Filing Is Live
Talking Tax13 Mar 2024

New IRS Tool for Free Tax Return E-Filing Is Live

Many taxpayers with relatively simple returns can now electronically file their returns directly with the IRS for free for the first time. The IRS, after months of preparing its government-run free e-filing pilot tool, launched the program to the wider public Tuesday. The Treasury Department expects about 100,000 of the millions eligible to use it. Democrats’ Inflation Reduction Act set aside $15 million for the IRS to issue a report on the feasibility of creating a direct e-filing tax return system. The pilot comes after years of controversy and pushback from Republicans and tax-prep software companies saying the IRS shouldn't be a preparer, collector, and enforcer. Bloomberg Tax reporter Erin Slowey spoke with Bridget Roberts, chief of Direct File at the IRS, about how the rollout is going, who is eligible, and the fate of a permanent agency-run option. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

Episoder(431)

How IRS Attorney Departures Will Prolong Cases, Spur Settlements

How IRS Attorney Departures Will Prolong Cases, Spur Settlements

Big job cuts and reductions in resources at the IRS are liable to prolong disputes over tax bills and force the agency to leave money on the table when cases are finally resolved. More than 170 att...

17 Sep 202512min

Companies Face Tariff-Induced Transfer Pricing Audit Risks

Companies Face Tariff-Induced Transfer Pricing Audit Risks

President Donald Trump's widespread tariffs are boosting tax dispute risks for companies that are scrambling to understand how to factor the new trade duties into their transfer pricing and tax planni...

12 Sep 202512min

Enrolled Agents Anticipate IRS Chaos for Next Tax Filing Season

Enrolled Agents Anticipate IRS Chaos for Next Tax Filing Season

Tax preparers consider themselves foot soldiers on the front lines of Americans' income tax preparations. They provide advice and file the returns, helping the government collect its revenue and ma...

10 Sep 202511min

Congressional Deadline on Shutdown Deal Adds to IRS Challenges

Congressional Deadline on Shutdown Deal Adds to IRS Challenges

Congress is back in session with just a few weeks to reach an agreement before government funding runs out Sept. 30. For IRS watchers, the lack of agreement on how to fund the tax collection agency or...

3 Sep 202512min

IP Poses Risks, Opportunities for Companies' Tariff Planning

IP Poses Risks, Opportunities for Companies' Tariff Planning

As President Donald Trump's tariffs make waves in the world economy, multinational companies are mulling what it could mean for their intangible assets like intellectual property and brand recognition...

29 Aug 202515min

KPMG Juggles AI Efficiency Gains With Long-Term Talent Strategy

KPMG Juggles AI Efficiency Gains With Long-Term Talent Strategy

Big Four accounting firms are racing to integrate next-generation AI technology across their service lines and develop a talent strategy to match the industry's new era. KPMG is focused on making ...

27 Aug 202515min

Cross-Border Tax Evasion Is an Old Story, Roman Scroll Reveals

Cross-Border Tax Evasion Is an Old Story, Roman Scroll Reveals

Proof from an ancient Roman scroll: As long as there have been taxes, there has been tax evasion. When researchers studied a previously mislabeled scroll, they discovered detailed attorney notes fo...

20 Aug 202514min

Pharmaceutical Companies Navigate Transfer Pricing as Tariffs Loom

Pharmaceutical Companies Navigate Transfer Pricing as Tariffs Loom

Pharmaceutical companies are scrambling to respond to the Trump administration's tariff threats, seeking to mitigate duties on their products while keeping the impact on their tax bills to a minimum. ...

15 Aug 202518min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
aftenpodden-usa
stopp-verden
forklart
i-retten
popradet
lydartikler-fra-aftenposten
fotballpodden-2
rss-gukild-johaug
det-store-bildet
dine-penger-pengeradet
rss-ness
nokon-ma-ga
hanna-de-heldige
aftenbla-bla
frokostshowet-pa-p5
rss-dannet-uten-piano
grasoner-den-nye-kalde-krigen
e24-podden