How Tax Prep Companies Blocked A Free Tax Filing System
2 years ago
Tax filing could be free right now. The IRS already has the authority to create a free, easy-to-use online tax filing tool, as Elizabeth Warren explains. But tax prep companies like Intuit and H&R Block have spent millions of dollars to stop the IRS from creating it. Instead, Americans will spend $31 billion this year for the privilege of paying services like TurboTax to file for them.
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