Tax prep software

As the Direct File program takes shape, learning from taxpayers will be paramount.

In this Vendor Spotlight, we get to know the tax solutions and support company Vertex.

The service has started holding discussions with advocacy groups on the direct file tax system it plans to begin testing early next year.

The company has been steering users toward a live, full-service version of the TurboTax service this year, in an attempt to compete with traditional accountants.

Commissioner Daniel Werfel said the service plans to begin a pilot early next tax season.

The service is reportedly planning to try out its own direct-file tax software with a limited group of taxpayers by next tax season.

As a result of a settlement, Intuit will begin paying $141 million to customers who should have gotten their tax prep for free.

Companies can leverage low-code/no-code solutions to operate more effectively and upskill their tax professionals.

The new commissioner is not ready to say yet what a report will recommend regarding a free system, but he promised it would be released in mid-May.

In this spotlight, we talk to Sona Akmakjian, the tax compliance solution provider's head of global strategic accounting partnerships.