April 11, 2019

The House just passed a bill that could bar the IRS from creating a 'free' tax-preparation software

Source: Business Insider

The House on Tuesday passed a bill designed to make some major changes to the way the IRS operates, but it also means that American taxpayers could be missing out on a huge opportunity.

The bill, named the Taxpayer First Act, is intended to update many major IRS systems and improve Americans' interactions with the agency.

But the bill also includes a provision that would codify the IRS's "Free File" system, which allows most Americans to file for free but through only private services. Critics of the bill say that it would make it so that the IRS would be unable to create its own free alternative to existing tax-preparation software such as Intuit's TurboTax or H&R Block's software.



Read more: https://www.businessinsider.com/taxpayer-first-act-irs-tax-preparation-software-free-file-turbotax-hr-block-win-2019-4

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Our new activist members of the House are still subject to the influence and pressure of big money.