IRS To Launch Free E-File Tax Preparation Online For 2024 With 80B - Tax Prep A Thing Of The Past?

IRS To Launch Free Tax Preparation Software Online 2024. If we look at how other taxpayers in other countries prepare their individual income tax returns, we would note that their government has been offering free tax preparation for their taxpayers as far back as I have been in practice.
Since we have the tools, why not provide this service, especially now that they have the 80B in funding, it was a significant step in the right direction.
We believe that the IRS will soon start using AI to help reduce the amount of tax preparation services needed.
We see this as a first step in simplifying the code and feel that, of course, this will negatively impact our tax preparation industry for the worse, and it will surely cost many a job.
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