70% of taxpayers in the US can file taxes for free. Here's how. [Yahoo! Finance]
NerdWallet, Inc. (NRDS)
Company Research
Source: Yahoo! Finance
Only 2% of taxpayers used the service in 2024. That is the finding of a February report from NerdWallet, the personal finance site, which describes the free tax program as "woefully" underused. "It's just astounding how few of the eligible filers are using this thing every year," said Sam Taube , a lead investing writer at NerdWallet. The typical taxpayer spends hundreds of dollars on tax software or human preparers to complete their taxes. In 2024, the Biden administration estimated that the average American spends $270 on tax preparation. The Trump administration ended Direct File, a pilot that had allowed taxpayers to file their returns at no cost. Free File, launched in 2003 , allows taxpayers with modest incomes to file taxes at no charge, with help from tax preparer partners, an alternative to paid tax-preparation software. In 2024, taxpayers filed about 3 million tax returns through Free File, according to a report from the nonprofit Tax Policy Center. Another 140,0
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NRDS
News
- Iran war hits housing market as mortgage rates rise to 6% [Yahoo! Finance]Yahoo! Finance
- Iran war hits housing market as mortgage rates rise to 6% on inflation fears [CBS News]CBS News
- 70% of taxpayers in the US can file taxes for free. Here's how. [USA TODAY]USA TODAY
- NerdWallet (NRDS) had its price target lowered by Oppenheimer Holdings, Inc. from $18.00 to $15.00. They now have an "outperform" rating on the stock.MarketBeat
- As Iran strikes disrupt flights, why travel insurance may fall short [CNBC]CNBC
NRDS
Earnings
- 2/25/26 - Beat
NRDS
Sec Filings
- 3/5/26 - Form SCHEDULE
- 3/5/26 - Form 144
- 3/4/26 - Form 4
- NRDS's page on the SEC website