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TurboTax creator Intuit leaves the IRS’ free tax filing program

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TurboTax creator Intuit has had a chilly relationship with the IRS, and now it’s cutting some of its involvement. The Hill reports that Intuit is leaving the IRS’ Free File program after participating for almost 20 years. The company said it was “proud” of its involvement, but claimed the limits of the program and “conflicting demands” from outside the program left it with little choice but to leave.

An exit would let Intuit concentrate on “further innovating” in ways the IRS Free File program didn’t allow, the company said. While the firm didn’t elaborate on what those plans were, it argued that it could help taxpayers get refunds sooner at no charge while drawing on experts and letting users rely on their own data.

The company maintained that it was still “committed” to free tax filing, but that almost 90 percent of filings from the past eight years came from outside of the Free File program.

The move comes just a year after the New York State Department of Financial Services found that Intuit and four other tax prep providers (including H&R Block) had conducted “unfair and abusive” practices by hiding the landing pages for their free filing pages in an alleged attempt to artificially drive paid filing. The IRS also added protections that not only prevented attempts at hiding free filing, but gave the IRS the power to create its own free-file option.

It’s not certain if the government crackdowns prompted Intuit’s exit. Whatever the motivations, the move could still make it harder for some people to file their taxes. About 3 million of Intuit’s 17 million free filings last year went through IRS Free File. That’s a large number of people who will have to either find alternative free solutions or hope that TurboTax won’t incur a cost.

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Source: https://www.engadget.com/intuit-turbotax-leaves-irs-free-file-program-181309443.html?src=rss

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How to watch Rocket Lab’s US Space Force satellite launch

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The US Space Force is gearing up to launch a research and development satellite on Thursday with the help of Rocket Lab. The company’s Electron rocket is scheduled to launch from a site in New Zealand sometime between 2AM and 4AM ET (6PM-8PM local time) to take the Monolith satellite into low Earth orbit.

The aim of the mission, which is called “It’s a Little Chile Up Here” (a reference to the green chile from the Space Test Program’s New Mexico home), is to test small satellites for the Department of Defense. Monolith will help determine whether it’s large deployable sensors are feasible. Such sensors account for a significant proportion of a spacecraft’s total mass. Since the sensor may alter the spacecraft’s dynamic properties, the mission will examine whether it’s possible to maintain altitude control after the sensor has been deployed.

“Analysis from the use of a deployable sensor aims to enable the use of smaller satellite buses when building future deployable sensors such as weather satellites, thereby reducing the cost, complexity, and development timelines,” Rocket Lab wrote in a statement. “The satellite will also provide a platform to test future space protection capabilities.”

You can watch the launch as it happens on the Rocket Lab website. A stream may also be available on Rocket Lab’s YouTube channel.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://www.engadget.com/rocket-lab-us-space-force-satellite-launch-how-to-watch-153411215.html?src=rss

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CNBC

How to watch Rocket Lab’s US Space Force satellite launch

Published

on

The US Space Force is gearing up to launch a research and development satellite on Thursday with the help of Rocket Lab. The company’s Electron rocket is scheduled to launch from a site in New Zealand sometime between 2AM and 4AM ET (6PM-8PM local time) to take the Monolith satellite into low Earth orbit.

The aim of the mission, which is called “It’s a Little Chile Up Here” (a reference to the green chile from the Space Test Program’s New Mexico home), is to test small satellites for the Department of Defense. Monolith will help determine whether it’s large deployable sensors are feasible. Such sensors account for a significant proportion of a spacecraft’s total mass. Since the sensor may alter the spacecraft’s dynamic properties, the mission will examine whether it’s possible to maintain altitude control after the sensor has been deployed.

“Analysis from the use of a deployable sensor aims to enable the use of smaller satellite buses when building future deployable sensors such as weather satellites, thereby reducing the cost, complexity, and development timelines,” Rocket Lab wrote in a statement. “The satellite will also provide a platform to test future space protection capabilities.”

You can watch the launch as it happens on the Rocket Lab website. A stream may also be available on Rocket Lab’s YouTube channel.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://www.engadget.com/rocket-lab-us-space-force-satellite-launch-how-to-watch-153411215.html?src=rss

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Twitter tests new shopping features for businesses

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Twitter is the latest social media platform to experiment with new shopping features. The company is allowing a handful of brands to place a “Shop Module” at the top of their profiles that links to products their followers can buy.

While it’s not the first time Twitter has tried out shopping features, it’s the first time the company has incorporated shopping directly into the profile. With the change, businesses can highlight a handful of products in a carousel in between the main profile info and their timeline. The feature is limited to only a few brands, including GameStop and bag-maker Arden Cove, in the US for now.

While up until now Twitter hasn’t pursued shopping as aggressively as some other platforms, the company has recently signaled that could soon change. A “shop” button for tweets has also been spotted, and the company recently introduced new “business profiles.” Shopping features could also have interesting implications for creators, a demographic Twitter has also made a recent push to pursue with new money-making features. Allowing creators to showcase their existing merch shop from their profile could provide an additional boost, and help the company compete with Facebook’s creator shops.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://www.engadget.com/twitter-shop-module-business-profile-150020142.html?src=rss

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CNBC

Twitter tests new shopping features for businesses

Published

on

Twitter is the latest social media platform to experiment with new shopping features. The company is allowing a handful of brands to place a “Shop Module” at the top of their profiles that links to products their followers can buy.

While it’s not the first time Twitter has tried out shopping features, it’s the first time the company has incorporated shopping directly into the profile. With the change, businesses can highlight a handful of products in a carousel in between the main profile info and their timeline. The feature is limited to only a few brands, including GameStop and bag-maker Arden Cove, in the US for now.

While up until now Twitter hasn’t pursued shopping as aggressively as some other platforms, the company has recently signaled that could soon change. A “shop” button for tweets has also been spotted, and the company recently introduced new “business profiles.” Shopping features could also have interesting implications for creators, a demographic Twitter has also made a recent push to pursue with new money-making features. Allowing creators to showcase their existing merch shop from their profile could provide an additional boost, and help the company compete with Facebook’s creator shops.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://www.engadget.com/twitter-shop-module-business-profile-150020142.html?src=rss

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