Tax prep software

Plus, Vertex consolidates Accelerator and Chain Flow Accelerator into single solution; and other accounting tech news.

The Internal Revenue Service's plans to expand the Direct File free tax program nationwide next year could meet an early demise if Republicans gain control of Congress and the White House next year.

Plus, Wolters Kluwer launches solution for shortened securities settlement cycle; and other accounting technology news.

The Internal Revenue Service intends to expand the number of states and tax situations in which the free Direct File system will be available.

Intuit has been working to cater TurboTax to those with more complicated tax situations, betting that those customers could use online help from experts.

The program with third-party tax vendors will continue for another five years despite the IRS's recent Direct File pilot test.

Plus, Lettuce launches AI-powered tax tool for sole proprietors; Lili touts "Accountant AI" bot; and other accounting technology news and updates.

Plus, Sage launches two new integrated suites in U.K. and Canada; and other accounting technology updates.

Due to a software glitch, some TurboTax customers were inappropriately encouraged to take deduction choices resulting in higher taxes.

The Internal Revenue Service's Direct File pilot program officially closed Friday, after 140,803 taxpayers used it in 12 states.

Thomson Reuters announced the release of CoCounsel, a generative solution within Checkpoint Edge meant to help tax professionals with complex research.

BEPS Pillar Two will affect a significant number of companies by establishing an effective global minimum tax rate of 15%.

Internal Revenue Service commissioner Danny Werfel testified at a hearing of the Senate Finance Committee to discuss this past tax season and the proposed budget for carrying out the agency's future plans.

The Internal Revenue Service is getting ready for an onslaught of tax returns arriving by Tax Day, though many taxpayers will be eligible for automatic extensions due to natural disasters.

The free tax program will now import a taxpayer's information from the previous year, as a report finds the program could cost the IRS considerably more than the estimated $249 million per year to maintain.

The Treasury reported increasing usage of the free tax-filing system that they've been pilot testing in a dozen states this tax season.

Companies using artificial intelligence have a long way to go before people will fully trust them to help with their taxes, according to a recent poll.

Bloomberg Tax and Accounting released Bloomberg Tax Workpapers, which focuses on data, controls and calculations for tax preparation.

Wolters Kluwer announced that its solution support the global minimum tax in accordance with OECD Pillar II requirements.

The pilot program is expanding in the 12 states where it's available.