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House Passes IRS Reform Bill Without Free File Provision

The U.S. House of Representatives voted for a second time to approve bipartisan legislation to overhaul some key aspects of the way the U.S. Internal Revenue Service (IRS) operates, but this time without a controversial provision that would have codified the Free File Alliance into law. The House originally passed the far-reaching package of legislation, known as the Taxpayer First Act, in April with strong bipartisan support. But a previously obscure provision that would enshrine the longtime Free File Alliance, in which tax prep software companies offer some free versions of their software, attracted extra scrutiny. Read more at Accounting Today.