Rich Rubin

speaker

137 appearances 2 recordings 1 series first heard Jun 2024 last heard Sep 2024

Rich Rubin’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

No recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.

Appearances

newest first · ▶ plays the moment

WSJ Your Money Briefing · The IRS Is Expanding Its Alternative Tax-Filing Software · 5 Jun 2024 podcast

And then the other question is the scope expansions, like which tax credits, which tax breaks, which types of income does the IRS add?

And depending on what they do, that's going to affect the number of people who are potentially able to use this.

Free file and direct file are two different things.

Free file is for all taxpayers roughly below median or a little above median income.

So it's low and middle income taxpayers.

get access through the IRS to free software provided by software companies.

This is not replacing that.

The IRS, in fact, just continued that program for another six years.

It's not ending at all.

And it's one of the reasons that the companies say, well, look, this is why you don't need direct file because we have free file.

But it bolsters the IRS's point as well, because the IRS says, look, there are options.

If you want a free government-provided option, we got that.

If you want free options through software companies, we've got that.

The IRS's approach really here, as they describe it, is to meet taxpayers where they are and provide lots of different ways for people to file.

The argument from them is really echoing what the companies have said.

They've said, look, this is not necessary.

There are already free filing options out there.

The IRS doesn't need to build its own thing to compete with private business.

And there's some concern about the IRS sort of being on both sides of the transaction, that the IRS is helping you prepare, in a sense, a return that it might later audit.

So both the presidential and congressional elections could affect this.

Showing 101–120 of 137 · page 6 of 7