Monday, June 24, 2024

The IRS is working on a TurboTax alternative to make filing your taxes easier

The Internal Revenue Service (IRS) – America’s body responsible for collecting US federal taxes – is reportedly working on a new digital tax return system that’s set to be free of charge, representing a colossal threat to the tax-prep market dominated by the likes of TurboTax.

According to The Washington Post (opens in new tab), the proposed government tax software is expected to be available to a select few to try out in preparation for the new year when the US tax year begins, though a full rollout could be months or even years away.


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