TurboTax maker Intuit, the largest company in the tax-preparation software industry, announced it will leave the Free File program, the public-private partnership that offers free tax filing to millions of Americans but has been a magnet for controversy since its creation two decades ago.
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In response to another complicated tax year, the IRS has extended the deadline for individual tax filing from April 15, 2021, to May 17, 2021. The IRS is struggling under a mountain of paperwork and grappling with outdated technology, and in the past year it has been tasked with distributing stimulus checks three separate times. Read more»
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