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The IRS Direct File program, which lets taxpayers file their federal income tax return directly with the IRS for free, is doubling its reach to 25 states for the 2025 tax season, up from 12 states ...
The administrative distinction means that New Yorkers who only submit a federal extension to the IRS and send their federal and state returns after the April 18 deadline are considered on time ...
The free federal tax filing program is just one of the many changes happening at the IRS after it received new funding, totaling $80 billion over a decade, from the Inflation Reduction Act.
The IRS Free File Program is a service that allows U.S. taxpayers to prepare and e-file their federal income tax returns for free. Through the program, commercial tax software companies that are part of the Free File Alliance offer free tax preparation software to tax filers with annual adjusted gross income (AGI) below $84,000 for Tax Year 2024.
Free Federal Tax Return Filing. As CNN noted, unlike the IRS’ Free File Program which is only available to taxpayers who earn $79,000 or less, there is no income threshold.
A 13-month extension of federal unemployment benefits. [2] [9] The cost of this measure was estimated at $56 billion. [7] A temporary, one-year reduction in the FICA payroll tax. The normal employee rate of 6.2 percent is reduced to 4.2 percent. The rate for self-employed individuals is reduced from 12.4 percent to 10.4 percent. [9]
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