IRS Update Offers Boost to Millions of Taxpayers

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IRS Update Offers Boost to Millions of Taxpayers
United States Latest News,United States Headlines
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The agency has agreed to extend its no-cost Free File private-sector tax software program through October 2029.

The Internal Revenue Service announced on Wednesday that its program allowing taxpayers to file their taxes online for free, Free File, will be extended by five more years, effectively keeping the free private-sector tax software available through October 2029.Read more: IRS Free File: What It Is and Who's Eligible'Free File has been an important partner with the IRS for more than two decades and helped tens of millions of taxpayers.

3 percent increase from the 2.7 million returns filed through the same period in 2023.'Free File remains an important part of the IRS portfolio to help taxpayers file their taxes for free,' said IRS Commissioner Danny Werfel in the same news release published on Wednesday. 'We were pleased to see growth in the program this year, and we look forward to continuing this important collaboration with the tax software industry.

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