The IRS should stay out of the tax preparation business. In May, the IRS released a report on the feasibility of the IRS preparing and filing tax returns. 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?

Source: Fox News July 10, 2023 06:52 UTC