The Internal Revenue Service (IRS) - America’s body responsible for collecting US federal taxes - is reportedly working on a new digital tax return system that’s set to be free of charge, representing a colossal threat to the tax-prep market dominated by the likes of TurboTax.
According to The Washington Post, the proposed government tax software is expected to be available to a select few to try out in preparation for the new year when the US tax year begins, though a full rollout could be months or even years away.
