Midiland irs articles
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IRS commissioner: AI will play growing role in future tax collection
Danny Werfel, commissioner of the Internal Revenue Service, has shed light on the agency’s plans to incorporate artificial intelligence to improve services for taxpayers and enhance fraud detection.
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140,000 people did their taxes with the free IRS direct file pilot. But program's future is unclear
WASHINGTON (AP) — The IRS said Friday that more than 140,000 taxpayers filed their taxes through its new direct file pilot program and participants saved roughly $5.6 million in fees they would have otherwise spent with commercial tax preparation companies. The government pilot program, rolled out this tax season in 12 states, allows people with […]
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IRS issues final guidance for IRA’s clean energy tax credit transferability mechanism
“It is difficult to overstate the significance of today’s announcement for the clean energy market,” said American Council on Renewable Energy President and CEO Ray Long.