All posts tagged "H&R Block"

This article originally appeared in OpenSecrets. Sign up for their weekly newsletter to receive stories like this one in your inbox.

New legislation could throw a wrench in IRS plans to launch a free government-run tax filing program after millions of dollars in lobbying by for-profit tax prep service providers.

On Monday, newly-minted House Speaker Mike Johnson (R-La.) introduced a bill making $14.3 million in aid to Israel contingent on reducing funding for the IRS. The Inflation Reduction Act of 2022, which President Joe Biden signed into law last year, set $15 million aside for the IRS to develop the free service. Leading for-profit tax prep companies oppose the program. ...

This article originally appeared in OpenSecrets. Sign up for their weekly newsletter to receive stories like this one in your inbox.

Leading tax prep companies have poured $90 million into lobbying on the Free File Program and other issues since the program’s inception in 2003, a new OpenSecrets analysis found.

Now the lobbying juggernauts are facing mounting scrutiny from members of Congress over their deployment of “revolving door” lobbyists in alleged attempts to undermine the federal government’s adoption of a government-run system that would allow taxpayers to file for free....