The American Coalition for Taxpayer Rights (ACTR) – the trade association for the nation’s largest retail tax preparers, do-it-yourself tax software companies and financial institutions that offer tax-time financial products – released the following statement today regarding the Senate Finance Committee’s markup of the bipartisan Taxpayer Assistance and Service Act (“TAS Act”) that includes a…
More than 80% of Americans received their federal tax refunds in less than 21 days, according to new data from the IRS. Gone are the days when taxpayers had to obsessively check their bank balances looking for their refunds — an average of $3,571 — to hit. Tax preparation software makes this more efficient timeline…
Commercial tax preparation and electronic filing tools help taxpayers, the IRS, and state revenue agencies by improving accuracy, standardization, and fraud prevention. One underappreciated trend in recent filing seasons is not only what happens inside the IRS. It is what happens before returns ever reach the IRS or state revenue agencies. Commercial tax software has…
The American Coalition for Taxpayer Rights (ACTR) was formed in 2011 by the nation’s leading retail tax preparation and tax software companies and financial institutions, which collectively prepare and file more than 120 million of the 155 million federal tax returns annually. ACTR advocates for taxpayer rights and strengthens America’s voluntary tax compliance system.
