IRS Ends Free Direct File, Potentially Costing Billions

On November twelfth, the IRS ends its free online filing system, Direct File, due to low participation and high costs. This decision, influenced by private tax preparation companies, leaves taxpayers without a free, direct option with the IRS, potentially costing billions in filing fees and unclaimed tax credits.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.