IRS free tax filing rollout faces hurdles after multimillion-dollar lobbying campaign
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. ...
Nov 04, 2023