The tax filing deadline for most Americans is April 15th. Those who haven't filed can still apply for an extension until October 15th, but taxes owed must be paid by April 15th. Many can file taxes for free through IRS Free File or Direct File. If someone owes a balance but doesn't file, they can expect penalties and interest. The IRS also suggests filing electronically for a faster refund.
A major update to the IRS Direct File program can now automatically import return verification information, preventing one of the most common filing errors. Direct File is now available in 12 states and accepts simple tax returns with limited income and deductions. By using Direct File, taxpayers can access their IRS account information to validate their returns before filing, making the process more efficient.
The FTC has filed a complaint against H&R Block for allegedly misleading consumers about its free tax filing products and wrongfully deleting user data. The FTC claims that H&R Block made false claims, made it difficult for users to downgrade to cheaper products, and committed "data-wipes." H&R Block denies these allegations and emphasizes their value, expertise, and pricing. This action follows the FTC's recent scrutiny of tax filing software providers and highlights alternative free filing options for taxpayers.
