The Most Significant Tech Product of 2024: Direct File Service for Free Tax Filing

Recently, former Meta product manager Dan Grover announced on Twitter a new service predicted to be one of the most impactful tech product launches of 2024. It operates without the need for energy-intensive AI data centers or privacy-invasive data collection, and it bypasses the necessity to pay a 30% App Store tax to Apple. This service won't enrich Silicon Valley magnates or spawn new tech giants, nor will it lead to an IPO or magazine cover stories about the founder.

Named "Direct File," this IRS-initiated service aims to provide a new way for many Americans to file their taxes for free. Eligible Americans with an annual income of no more than $79,000 can access the service, which is currently available in 12 states, including Arizona, California, Florida, New York, and Texas, targeting taxpayers with relatively straightforward tax situations.

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The story behind this service reveals how some companies have exploited consumers' limited tech knowledge for deceit, particularly how Intuit used Google search to mislead low-income Americans into paying unnecessary fees for tax filing. Intuit eventually settled for $141 million to resolve allegations of its deceitful practices.

The launch of the Direct File service may signify the IRS's move to directly offer a free and convenient tax filing solution. If your tax situation is simple and you reside in one of the mentioned states, trying out the Direct File service could save you a significant amount of money. Be cautious with search engine results filled with ads when looking for the official IRS site, and directly access the IRS-provided link for accurate information.

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