SEN. CRAPO: IRS should stay out of tax preparation business - News Summed Up

SEN. CRAPO: IRS should stay out of tax preparation business


The IRS should stay out of the tax preparation business. Before even giving Congress a moment to review the report, the IRS went ahead with an unauthorized multi-billion dollar venture into the tax preparation business. An additional 3 million free returns were provided by private industry through the IRS Free File Program. What happens when the IRS’s tax preparation software makes a mistake? Taxpayers can expect a bureaucratic nightmare, with IRS auditors punishing taxpayers for mistakes made by IRS software developers.


Source: Fox News July 12, 2023 23:17 UTC



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