In an exclusive conversation on Market Masters with Siddharth Zarabi, Group Editor, Business Today, Raamdeo Agrawal Chairman ...

The National Taxpayer Advocate, Erin Collins, released her fiscal year 2026 Objectives Report to Congress. While the government watchdog noted that the 2025 filing season was successful, there are ...

After a successful 2025 tax filing season, the loss of over 25% of staff and a 37% drop in funding leave the status of the ...

Although the 2025 federal tax season ended in April, many Americans are still receiving IRS notices, exploring tax tools, and hearing about refund rumors. With confusion circulating online, this ...

Both House and Senate lawmakers are looking to eliminate the IRS’ free online tax filing platform. The Senate Finance Committee is proposing to axe Direct File as part of its contribution to the ...

Direct File has only been running for two years and was piloted in 12 states in 2024 for the 2023 tax season. The IRS described the initial launch as a success, with 140,803 taxpayers using it in ...

Late Filing Penalty: 5 percent of the unpaid tax per month, up to 25% of what you owe. Late Payment Penalty: If you don’t pay by April 15, expect a 0.5% penalty per month on the unpaid amount ...

Direct File, the IRS’ free alternative to commercial tax-preparation services, is facing potential elimination as Congress works to finalize a massive tax and spending bill.

The fate of the Direct File program, the free electronic tax return filing system developed during President Biden’s Democratic administration, is also unclear.

The Internal Revenue Service (IRS) has highlighted several options for Americans who missed the April 15, 2025, federal tax-filing deadline, advising those who have yet to file and pay should do ...

The majority of Direct File's source code getting uploaded to GitHub is a step forward for free software, both because of Direct File's scale and what it represents: that there is still a lot of power ...

The IRS is reportedly ending the Direct File, but a report obtained via the Freedom of Information Act says that 94% of users rated their experience as “excellent” or “above average.” ...