2024 Elections Could Impact IRS Funding

2024 Elections Could Impact IRS Funding

In 2022, the IRS received $80 billion in multi-year funding under the Inflation Reduction Act (IRA), but $20 billion has since been clawed back.  Now that we know the outcome of the November 2024 election, this funding could be further reduced.  The IRS’s...
IRS to Make Direct File Permanent for 2025 Tax Season

IRS to Make Direct File Permanent for 2025 Tax Season

For taxpayers seeking a simpler, no-cost way to file their federal tax returns, the IRS is making a significant move. After a successful pilot program, Direct File will become a permanent option starting in the 2025 tax season. This option, which allows for free, easy...

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