Tag

E Filing

All articles tagged with #e filing

businesstaxation1 year ago

H&R Block's Tax Day Outage Causes Frustration for Last-Minute Filers

H&R Block experienced technology outages, affecting last-minute tax filers using desktop software, but not those using web browser or working with tax professionals. The issue started Sunday night and was resolved by Monday afternoon, with the company receiving about 2,000 inquiries related to the outage. The IRS encourages e-filing, warning that processing paper returns takes longer. Meanwhile, the U.S. Treasury Department met its goal of 100,000 taxpayers filing returns as part of the Direct File pilot program, with eligible taxpayers in 12 states able to file simple tax returns using Direct File until the deadline.

businessfinance1 year ago

Tax Day Outages Frustrate H&R Block Customers

Some H&R Block customers experienced outages on Tax Day, preventing them from filing their taxes online, with the issue being resolved by Monday afternoon. The outage came at a crucial time as the IRS deadline approached, affecting desktop software users but not the company's website. Affected customers were advised to refile or print and mail their forms, frustrating some who rely on e-filing. The IRS extended the deadline for taxpayers in Maine and Massachusetts due to local holidays.

finance2 years ago

IRS to Pilot Free Direct Online Tax Filing System in 2022

The IRS will launch a pilot program for a free, government-run, online tax filing system called "direct file" during the 2024 filing season to test taxpayer interest and help the federal government decide whether to move forward with potentially implementing it in the future. The IRS's existing free e-file option will remain in place, and individuals of all income levels can still submit their returns for free via mail. The new program could potentially save taxpayers billions of dollars annually, but critics have expressed skepticism about the IRS taking on the dual roles of both tax collector and tax preparer.

finance2 years ago

IRS to Launch Free Online Tax-Filing Service in 2024 Pilot Program.

The IRS is launching a pilot program for a free, government-run, online tax filing system called "direct file" in the 2024 filing season to test taxpayer interest and help the federal government decide whether to move forward with potentially implementing it in the future. The IRS published a feasibility report showing that the majority of surveyed taxpayers would be interested in using an IRS-provided tool to prepare and file their taxes electronically. The study estimates that annual costs of direct file may range from $64 million for 5 million users to $249 million for 25 million users.

business2 years ago

IRS considers free e-filing system to challenge tax prep companies.

The IRS has developed a prototype system in partnership with the White House's technology consulting agency, U.S. Digital Service, to allow Americans to file tax returns digitally and free of charge. The system will be available through a pilot program for a small group of taxpayers by January 2024. The move could disrupt the tax-prep industry, which is estimated to be worth $14.4 billion this year. The IRS currently refers people seeking no-cost filing options to a consortium of companies that provide free e-filing for taxpayers below a certain income level, but fewer than 3% of taxpayers use them.