{"id":99831,"date":"2022-07-18t22:00:21","date_gmt":"2022-07-19t02:00:21","guid":{"rendered":"\/\/www.g005e.com\/?p=99831"},"modified":"2024-06-19t10:05:49","modified_gmt":"2024-06-19t14:05:49","slug":"should-the-irs-create-a-free-file-app-of-its-own","status":"publish","type":"post","link":"\/\/www.g005e.com\/2022\/07\/18\/should-the-irs-create-a-free-file-app-of-its-own\/","title":{"rendered":"should the irs create a free file app of its own?"},"content":{"rendered":"
three ways to fix the program.<\/strong><\/p>\n by 卡塔尔世界杯常规比赛时间<\/em><\/p>\n here\u2019s something weird: the irs offers the vast majority of taxpayers the option to use the free file program to prepare returns.<\/p>\n more: irs audit rates are dropping, and big earners couldn\u2019t be happier<\/a> | six more ways to fix the irs<\/a>\u00a0| is remote the new normal?<\/a> |\u00a0accounting pros face challenges in turbulent times<\/a> | your tax season success plan starts here, now<\/a> | tax prep fintech startup: april raises $30 million<\/a> | accountants agree: the top five ways to fix the irs<\/a><\/p>\n exclusively for pro members.\u00a0<\/strong>log in here<\/a>\u00a0or\u00a02022世界杯足球排名 today<\/a>.<\/p><\/blockquote>\n it costs taxpayers nothing. yet only three percent use it. can it be fixed? should it? congress is weighing in.<\/p>\n <\/p>\n free file is a classic example of private-public cooperation. the program allows taxpayers with incomes below $73,000 to use non-irs websites developed by private companies. using federal guidelines, the sites guide taxpayers through the process of filing their returns.<\/p>\n u.s. senators amy klobuchar (d-minn.) and tina smith (d-minn.) have joined 21 of their colleagues in introducing legislation to simplify the tax filing process by, among other things, directing the irs to develop a free, online tax preparation and filing service that would allow all taxpayers to prepare and file their taxes directly with the federal government instead of being forced to share private information with third parties.<\/p>\n the\u00a0tax filing simplification act is<\/em>\u00a0led by senator elizabeth warren (d-mass.),\u00a0<\/em>with representatives katie porter (d-calif.) and brad sherman (d-calif.) introducing the house companion.<\/p>\n at the same time, the plan would prohibit the irs from entering into agreements restricting its ability to provide free online tax preparation or filing services, taking aim at a memo of understanding between the irs and the free file, inc., a consortium of tax preparation providers.<\/p>\n the mou establishes three main stipulations:<\/p>\n that third item is a major motivation for provider participation because it eliminates federal competition, which, from the providers\u2019 point of view, could be anything from disastrous to jocular.<\/p>\n the mou has evolved through a few iterations, and in the latest form, the irs has the option of developing its own online service. it must, however, inform the consortium if it provides funding for service development.<\/p>\n the mou is currently set to expire in 2023. what will happen after that is undecided by one and all. providers may be concerned that the program isn\u2019t worth the effort of serving a minute percentage of taxpayers, especially if it must spend even more to meet federal guidelines, such as accessibility for taxpayers with disabilities.<\/p>\n the participants<\/strong><\/p>\n as of january 2022, eight companies were participating:<\/p>\n in 2020, two big companies dropped out: intuit and h&r block.<\/p>\n little enthusiasm<\/strong><\/p>\n taxpayers have shown little enthusiasm for free file. of the taxpayers who used the service in 2014, 40 percent did not return even though they continued to use \u201cdo-it-yourself\u201d methods rather than professional tax preparers.<\/p>\n the issue caught the attention of the government accountability office, which identified the problem and recommended a solution.<\/p>\n the gao identified the obvious problem\u2014that taxpayers are less than enthusiastic about the program and that participating companies are questioning the profitability of the effort.<\/p>\n the gao did not, however, identify the cause of the problem.<\/p>\n the gao\u2019s recommendations:<\/p>\n the gao said that the latter two recommendations would mitigate the risks of continuing the free file program if more providers opt out. the irs agreed only with the first recommendation, explaining that the second would impair the trust and transparency it has with the private sector and that a public free-filing option would probably not improve taxpayer experience, and anyway, the irs lacks funding for any such development.<\/p>\n the irs and ffi recently extended the current agreement to october 2023. what happens after that is anybody\u2019s guess.<\/p>\n but if the democrats have their way, the plan would also:<\/p>\n will it happen?<\/p>\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" three ways to fix the program as congress gets involved.<\/strong>\n
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\nby 卡塔尔世界杯常规比赛时间<\/em><\/p>\n","protected":false},"author":17,"featured_media":93892,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[1363,2269,3120,3002,1906,2246,2306],"tags":[738],"class_list":["post-99831","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-politics","category-pro-member-exclusive","category-special","category-tax-practice","category-busy-season","category-tech-and-fintech","tag-irs"],"acf":[],"yoast_head":"\n