The Internal Revenue Service’s test run at tax preparation this year was an “incredible success,” and now the agency needs to make it a permanent option for people to file their income taxes for free, ...

If the pilot program was widely adopted, it would offer millions of Americans an alternative to working with private tax-prep companies. CNET editor Gael Fashingbauer Cooper, a journalist and ...

TaxAct has four different versions. TaxAct Free supports taxpayers who need only to report W-2 income, dependents, ...

The IRS is working on its own version of a free electronic tax-filing system that could compete with tax-prep programs from the likes of Intuit's TurboTax and H&R Block. The agency is rolling out a ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

Tax lingo isn’t always intuitive. To help explain your tax return, WSJ breaks down some key terminology—from gross income to above the line deductions—and explains how each connects to one important ...

Internal Revenue Service Commissioner Daniel Werfel said Tuesday that the IRS plans to begin pilot testing a free direct-file online tax preparation program early next tax season with a group of ...

The Internal Revenue Service rolled out new details for how select taxpayers will be able to prepare and file their federal income taxes online directly with the IRS for free under a very limited test ...

TurboTax costs more than other online tax preparation services, but not by a significant amount. It offers a Free Edition ...