Tax prep software

The Trump administration is reportedly making plans to shut down the Internal Revenue Service's free tax prep system next year.

Elon Musk's Department of Government Efficiency reportedly plans to centralize all IRS data around a single portal and will begin efforts next week with a "hackathon."

The Internal Revenue Service's Direct File program is attracting interest this tax season, but lack of familiarity and budget cuts at the IRS may doom it.

Internal Revenue Service reports of the cost of the free tax-filing program left out at least $8.8 million in costs, according to a new report.

Businesses are facing mounting regulatory requirements that fundamentally reshape tax and financial processes.

For tax professionals considering AI-powered solutions, accuracy, integration and industry specificity are critical factors to evaluate to enhance workflows.

Wolters Kluwer announced new capacities for populating and filing IRS Form 5330 in its ftwilliams.com product.

Among 18F's many projects over the years was IRS Direct File, a free service that helps taxpayers file tax returns online.

Plus, KSM launches IT services advisory; Expensify announces Expensify Travel; and other accounting tech news and updates.

The IRS declined to commit to expanding its Direct File free tax preparation program nationwide in response to a report from the GAO amid GOP opposition.