IRS Explains Why It Stopped 'Direct File' Option and How You Can Still File for Free · American Wire News

IRS explains why it stopped 'Direct File' option and how you can still file for free · American Wire News

It’s the beginning of a new year, which means fresh resolutions, forgetting to write the proper year number for a month and filing taxes. In 2025, over a quarter of a million people used the IRS Direct File system, which allowed them to directly file their taxes with the Internal Revenue Service for no cost. Unfortunately, this service is no longer available and hundreds of thousands are looking for a free alternative in 2026. “While IRS Direct …

Intuit stock drops 5% into the new week as IRS ends Direct File and jobs report nears

NEW YORK, Jan 4, 2026, 18:29 ET — Market closed Intuit Inc shares ended Friday down 4.98% at $629.46, after swinging between $622.31 and $665.02 in the first session of 2026. The pullback matters because Intuit is heading into a seasonally important stretch for its TurboTax business, while markets are also repricing high-multiple software names as 2026 begins. The close leaves the stock on the back foot going into Monday’s reopening, with invest…