IRS launches free tax e-filing in 12 states

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Marketplace

Business, News

4.5 • 1.4K Ratings

🗓️ 12 March 2024

⏱️ 1 minutes

🔗️ Recording | iTunes | RSS

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Summary

The pilot program is now available to an estimated 19 million taxpayers; inflation rose to 3.2% in February; Southwest to reduce capacity amid fewer Boeing deliveries; Tyson Foods closing Iowa pork plant amid less consumer demand.

Transcript

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0:00.0	Starting today, millions of Americans can file their federal tax returns online for free directly with the IRS.
0:08.0	I'm Novasafo with a Marketplace Minute.
0:10.0	The agency's pilot program, Direct File, launches today in 12 states, including California, Texas, and New York.
0:16.0	It's been in testing for weeks, nearly 20 million taxpayers are likely eligible to use the tool and avoid third-party tax preparers.
0:25.0	Annual inflation ticked up a bit last month, according to the Labor Department, from 3.1%
0:30.0	in February, stripping out volatile food and energy prices for a clearer picture shows
0:35.8	core inflation still on a downward trajectory.
0:38.8	Southwest, which flies an all-Bowing fleet, expects fewer new planes from the
0:43.7	embattled manufacturer. The airline says it will reduce capacity.
0:47.5	Tyson Foods is closing a pork processing plant in Iowa and cutting 1,200 jobs.
0:52.4	This follows a similar decision by Smithfield foods
0:56.1	to close a plant in North Carolina. Consumers are buying less pork and prices are down.
1:01.8	I'm Novisapo with a marketplace minute.

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