4 ms·
Yes you're right, I meant to write "block" and remove "permanently", because Sen. Wyden said he was told that the law would allow the IRS to make a proposal: h
by danso 8y ago
Yes you're right, I meant to write "block" and remove "permanently", because Sen. Wyden said he was told that the law would allow the IRS to make a proposal:
https://www.vox.com/2019/4/9/18301943/last-minute-tax-preparation-h-r-block-turbotax https://www.vox.com/2019/4/9/18301943/last-minute-tax-prepar...
> (UPDATE: After this post was published, Senate finance ranking member Ron Wyden’s office pushed back on Elliott’s report, saying they’d received confirmation from the IRS chief tax counsel that the bill as written does not bar the IRS from designing their own direct filing product, if they give 12 months’ notice. It’s likely the tax prep industry would challenge the IRS if it tried to do that.)
According to Bloomberg, rewriting the law might require sending it back to the House for a new vote:
https://news.bloombergtax.com/daily-tax-report/senate-may-not-ease-qualms-over-irs-free-file-grassley https://news.bloombergtax.com/daily-tax-report/senate-may-no...