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☆ BlackRock's Larry Fink sees Social Security crisis, says 65 retirement age 'a bit crazy'
▼ + stars: | 2024-03-26 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

He said access to investing can help solve this conundrum, while also pondering if the expectation for everyone to receive Social Security benefits at age 65 has become archaic. Worsening the outlook is a Social Security system that's said it will not be able to pay full benefits by 2034. The 71-year-old believes the American retirement system has entered such a deep crisis that it has become a once-in-a-generation issue. That's because this both can benefit individuals and help ensure the long-term health of Social Security. Increasing lifespans create further difficulties when trying to improve the retirement system, Fink said.

Persons: Larry Fink, Fink, that's, it's, — Organizations: BlackRock, Social, Census Bureau, Security, Social Security Locations: America, Ottoman Empire

Soon after leaving his job, Gallo took an acting class in New York City — which wasn't too far from his home in New Jersey — and fell in love with the craft. He decided he wanted to be an actor and moved to the Big Apple to chase his dreams. His car insurance is also fairly cheap because he's on his parents' plan and reimburses them for the cost. His only other insurance cost is renters insurance for his apartment, since he receives free health insurance through the state. "I am happier now than when I was working for the insurance company," he says.

Persons: Max Gallo, didn't, Gallo, Mickey Todiwala, he's, He's, it's, Sylvester Stallone, Stallone, —, hasn't, steadier Organizations: CNBC, New Jersey —, Apple, Screen, American Federation of Television, Radio Artists, SAG, BMW, Citi, Facebook, Netflix, LinkedIn, Spotify, Hulu, Adobe, Citi Bikes, Insurance, Honda, BMW Roadster, New York City Marathon Locations: New York, New Jersey, Brooklyn

☆ An Uber and Lyft driver explains how he sometimes makes over $8,000 a week doing private rides in Miami and Fort Lauderdale for celebrities, politicians, and sports stars
▼ + stars: | 2024-03-26 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +10 min

One week, he made $8,300 doing private rides between stretches of Uber and Lyft driving. He started his own LLC and occasionally markets his independent driving business as a passenger. "You have to treat Uber and Lyft like a business if you're doing it full-time," Trent told Business Insider. "I do rideshare quite a bit, but I do it mostly to build my client business," Trent said. He said he can often charge customers much less than what they pay for Uber or Lyft rides, and he still makes more.

Persons: Trent T, Uber, Lyft, Trent, lupus vasculitis, didn't, Guy, he's, He's, they've, I'm, it's Organizations: Service, Business, Trent, Tesla, Nationwide, Border Patrol, Federal Air Marshal Service, Aldi, NFL, Uber, Miami Locations: South Florida, Texas, Mexico, Atlanta, Florida, Tennessee, Miami, it's, Miami Beach

☆ Why people hated Anne Hathaway, as the actor speaks out about "Hathahate" over a decade on
▼ + stars: | 2024-03-26 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +5 min

Read previewAnne Hathaway has spoken out about losing movie roles over the "Hathahate" phenomenon that unfolded over a decade ago. In the wake of criticism, Franco threw Hathaway under the bus, and told the "Late Show with David Letterman" that year: "Anne Hathaway is so energetic, I think the Tasmanian Devil would look stoned standing next to Anne Hathaway." Anne Hathaway changed her mind three hours before the Oscars to wear this white Prada dress. Christopher Nolan and Anne Hathaway. Matthew McConaughey and Anne Hathaway in "Interstellar."

Persons: —, Anne Hathaway, Hathaway, hadn't, Oscar, Anne Hathaway's, James Franco, Kevin Winter, — Hathaway, Franco, David Letterman, Christopher Nolan's, Jason Merritt, It's, Brie Larson, Rachel Zegler, Christopher Nolan, Julien De Rosa, Michael Buckner, didn't, Nolan, Matthew McConaughey Organizations: Service, Business, Getty, Huffington, Paramount Locations: AFP

☆ Americans have between 4 and 6 hours of leisure time daily. We just have no idea how to use it.
▼ + stars: | 2024-03-26 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +11 min

AdvertisementDespite class differences, 95% of Americans over the age of 15 engaged in some kind of leisure activity on a typical day, according to the 2022 time-use survey. But the vast majority of Americans' leisure time is spent — you guessed it — in front of the television. Watching TV is the most popular leisure activity, accounting for an average of 2.8 hours a day — more than half of all Americans' leisure time. Americans' spend more time watching TV than any other leisure activity. AlavinphotoSexism and the safety netThere is also a gendered element at play when it comes to Americans' leisure time.

Persons: —, It's, I'm, Brigid Schulte, Liana Sayer, Sayer, Sayers, Schulte, Ciara Kelly, Kelly, We're Organizations: Service, Netflix, Business, Bravo, University of Maryland's, Organization for Economic Co, Development, World Economic, US, The University of Sheffield Locations: America, France, Finland, Belgium, Italy, Germany, Spain, Japan, UK

☆ Anne Hathaway said 'The Dark Knight Rises' was her toughest gig ever. Christopher Nolan paid her back by saving her career during 'Hathahate.'
▼ + stars: | 2024-03-25 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +3 min

Read previewAnne Hathaway told Vanity Fair that Christopher Nolan gave her the toughest role on her résumé, but also saved her career during the "Hathahate" scandal. Hathaway's performance was one of the many highlights of "The Dark Knight Rises," which earned $1 billion worldwide, according to Box Office Mojo. Hathaway told Vanity Fair that the backlash cost her roles, even after she won her first Oscar in 2013. "Interstellar" was a success, making $733 million at the box office, according to Box Office Mojo. "Humiliation is such a rough thing to go through," Hathaway told Vanity Fair.

Persons: —, Anne Hathaway, Christopher Nolan, Hathaway, Michelle Pfeiffer's, Nolan, Oscar, I've, Alice, Jessica Chastain Organizations: Service, Business, Office Mojo

☆ ‘Problemista’ actor Laith Nakli plays an immigration lawyer. In real life he’s fighting his own case
▼ + stars: | 2024-03-23 | by ( Catherine E. Shoichet | ) edition.cnn.com time to read: +17 min

Khalil, played by Laith Nakli, perks up and races to scribble on his notepad. And as he helps promote the film, he’s speaking out about a side of himself that few people have seen. Laith Nakli, actorThe crime could have led to his deportation. … That pressure is just completely unfair.”Actor Laith Nakli plays an earnest immigration lawyer in "Problemista." The cloud Nakli feels every day wasn’t literally depicted on-screen, but Nakli says he saw it clearly hovering over Alejandro’s every move.

Persons: CNN —, ”, tepidly, “, Julio Torres, Khalil, Torres ’ Alejandro, Alejandro, ” Alejandro, Laith Nakli, ” Khalil, Elizabeth Asencio, Tilda Swinton, Elizabeth, Jon, Torres, it’s, “ I’ve, I’ve, “ Problemista’s, Nakli, It’s, who’d, Mr, Nasim Awad, ” Nakli, he’d, Marvel, Obama, hasn’t, That’s, He’s, he’s, you’d, ” Torres, Critics, haven’t, Larry Owens, toymaker Alejandro's, Isabella Rosselini, Ramy Youssef, Nakli’s, Laith, ” Youssef, “ He’s, Uncle Naseem, Ramy Youseff, Craig Blankenhorn, who’s, Julie In, Hayley Wilson Organizations: CNN, Khalil Immigration, SNL, Customs, Craigslist, Justice, Globe, Service Locations: United States, Salvadoran, El Salvador, “, New York, Damascus, Syria, King Kong, Texas, —, Hulu, America, “ Problemista

☆ Meet the Americans who can't retire
▼ + stars: | 2024-03-23 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +12 min

More people over 65 are working as pensions disappear, people live longer, and Social Security benefits are seemingly always in peril. Business Insider spoke with several Americans of retirement age about why they are still trading their time for money. "I think older people become very invisible, and maybe it's going to take other older people to help heighten that visibility." On average, Americans who have pensions receive $25,000 annually from them; the average estimated annual Social Security benefit is $38,418 for 2024. Indeed, BI's analysis of retirement data has found that nearly 80% of retirees have Social Security income.

Persons: —, Marcia, I'm, hasn't, she's, Steve Biddle, he's, He's, he'll, Bill, Geoffrey Sanzenbacher, Sanzenbacher, they're, Debra Giarrusso, She's, didn't, I've, there's, Pam, Kurt Vonnegut's, David Certner, Certner, Rebecca, It's Organizations: Service, Business, Social Security, Behavioral Health, Disability, Aging, —, Boston College, Center for Retirement Research, Congressional Research Service, Ford Motor Company, AARP Locations: North Carolina, Connecticut, Philadelphia, America, Michigan

☆ A millennial who quit her corporate job to work for herself explains the 2-part strategy she used to 'supercharge' her side hustle and turn it into full-time income
▼ + stars: | 2024-03-23 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

All I do know is that the way I am making money at the moment isn't bringing me happiness." "It was like an escape from my day job, a creative outlet for me." Maintain your day job and use a portion of your income to invest in your side hustleRelated storiesShah believes in maintaining your day job for as long as possible while simultaneously building your side hustle or business. "I couldn't have done that if I didn't have my day job. The way she sees it, the longer you can maintain your day job, the more money you'll have to grow your side hustle to a point where it eventually overtakes your day job income.

Persons: Nischa Shah, She'd, Shah, I've, she'd, It's, she's, it's, Shah didn't Organizations: Business, YouTube, Investment Locations: London

☆ The Trapped Economy: Americans Can't Buy a Home, Car, or Find a New Job
▼ + stars: | 2024-03-20 | by ( Emily Stewart | ) www.businessinsider.com time to read: +7 min

If you like your situation right now — your job, your house, your car — you can keep it. The labor market has cooled off somewhat, making it less advantageous to hunt for a new job. The car market is in a similar situation. Employers are hiring as if there's a relatively weak labor market, not a strong one. Yes, the labor market is strong, but it's not a great time to go looking for a new job.

Persons: Joanne Hsu, there's, they're, —, Dana Peterson, that's, it's, Matt Darling, Darling, Tamara Charm, Charm, Emily Stewart Organizations: University of Michigan, Labor Statistics, Conference Board, Companies, Employers, Niskanen, McKinsey, Business

CNN —British singer Ed Sheeran wowed the stage in Mumbai with Diljit Dosanjh over the weekend as the pair sang a rendition of the Indian artist’s hit track “Lover” in Punjabi, a duet that promptly lit up India’s social media. Both artists posted videos of their performances on Instagram, with huge cheers from the crowd as Sheeran invited his singing partner onto the stage. “Got to bring out @diljitdosanjh tonight in Mumbai and sing in Punjabi for the first time. I’ve had such an incredible time in India, more to come!” Sheeran wrote in a post. Fans and Indian celebrities on social media praised Dosanjh for getting Sheeran to sing in an Indian language.

Persons: Ed Sheeran, Dosanjh, Sheeran, “, I’ve, ” Sheeran, Singer, Diljit, ”, Varun Dhawan, Sahil Bulla, ” Dosanjh, “ Hass Hass, Sia Organizations: CNN, Spotify Locations: British, Mumbai, India, London, Australia, Punjab, Pakistan

☆ Eric McCormack, ‘Will & Grace’ star, says roles should go to best actors, irrespective of sexuality
▼ + stars: | 2024-03-18 | by ( Jack Guy | ) edition.cnn.com time to read: +2 min

CNN —Actor Eric McCormack has weighed in on the debate around whether non-LGBT actors should be able to play gay characters. McCormack, who is straight but is best known for playing gay lawyer Will Truman in the NBC comedy series “Will & Grace,” said in an interview on British television Monday that he still hopes “the best person for the role” would be cast, regardless of their sexuality. Susanna Reid, a co-host on ITV’s “Good Morning Britain” show, asked McCormack what he thought about straight actors playing gay characters. McCormack and "Will & Grace" co-star Debra Messing in June 2023 Dimitrios Kambouris/Getty Images“That’s a tough one for me, because I didn’t become an actor so that I could play an actor,” said McCormack. It’s part of the gig.”“And I’ve always said: ‘If gay actors weren’t allowed to play straight actors, Broadway would be over,’” he added.

Persons: Eric McCormack, McCormack, Will Truman, Grace, ”, “, Susanna Reid, Debra Messing, Dimitrios Kambouris, I’m, I’ve, weren’t, ’, Chris Haston, Ed Balls, Max Mutchnick, David Kohan, “ Will, Grace ”, Grace Adler, Will – Organizations: CNN, NBC, Bank, Getty, Britain Locations: Canadian, New York City

☆ The gig economy, overemployment, and job switching have made it easier than ever to boost your income. But those strategies aren't always worth it.
▼ + stars: | 2024-03-18 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

Some side hustles come with a significant time investment and unpredictable pay. Related storiesNot all side hustles come with the time investment that ride-hailing does. But everyone with a side gig is faced with the same question: Are the extra working hours worth the financial reward? Only eight months after he started, he resigned from his two extra roles and decided to stop job-juggling for the time being. But all prospective job-switchers are faced with the same question: Are the uncertainties that come with a new job worth the financial reward?

Persons: —, switchers, Lyft, There's, overemployment Organizations: Service, Business, Harris Poll, Uber, Twin Cities, Bureau of Labor Statistics —, Federal Reserve Bank of Atlanta, Harris, Atlanta Fed Locations: Atlanta, Minnesota, Texas

☆ I quit delivering for apps like DoorDash to build my own 200-driver business. It's rewarding but tough.
▼ + stars: | 2024-03-17 | by ( Alex Bitter | ) www.businessinsider.com time to read: +5 min

In 2019, Urias-Roy and her husband started URATX, a delivery service based in Austin that uses independent contractors for large food deliveries, such as catering orders. The problem these stores had was that they were getting a lot of business orders, but drivers weren't equipped to handle it. That basically allowed me to start a delivery business instead of working as a contractor for the big apps or local delivery services. It's lower now though because we recently lost our biggest partnership with a major catering delivery company. AdvertisementAnd so the best thing about it is that I don't have drivers confronting restaurants about tips, I don't have drivers confronting clients begging for tips.

Persons: Moumita Urias, Roy, URATX, we've, we're, there's Organizations: Service, Business, Amazon Flex Locations: Austin, Urias, Canada, we're, Texas, Arizona, Russian

☆ 2 experts suggest these 8 side hustles to try this year if you're looking to make money outside your job
▼ + stars: | 2024-03-16 | by ( Madison Hoff | ) www.businessinsider.com time to read: +10 min

AdvertisementSide hustles can include building a profitable business, spending a few minutes on an online gig like survey work, or working a job that falls outside your typical 9-to-5. AdvertisementPet sitting or other kinds of care workAnother side job could be watching someone's pets or care-related side hustles. AdvertisementFood deliveryThere are several food delivery platforms people can try as a side job, such as Uber Eats. "You may be really passionate about art or that creative side, but that's not something that you do in your day job," Caban said. Have you made money from a side job or a side hustle?

Persons: Instawork's Kira Caban, Ted Rossman, —, Kira Caban, it's, Gen Zers, Rossman, Caban, Davis, Taylor Swift, Scott, Meghan Lim, Lim, Uber, Erin Couch, Couch Organizations: Service, Instawork, Business, BI, Baseball, Connect Locations: Nashville

☆ A part-time Uber and Lyft driver who primarily works around Disney in Florida said spring break is very profitable, but making enough year-round is difficult
▼ + stars: | 2024-03-16 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

Jorge, 56, said driving for Uber and Lyft amid the big Florida spring break rush during the last few weeks has been profitable. The rideshare driver, who asked to only use his first name for fear of professional repercussions, said spring break is not like the rest of the year. AdvertisementHe said he's driving more hours during spring break to maximize his earnings, working all day on weekends in addition to his normal weekday schedule. Rides in South Beach were profitable during spring break, and he would drive around casinos and other tourist destinations. He estimates some days during spring break, he's making more money from tips than from fares.

Persons: Jorge, Uber, he's, it's, He's, we've Organizations: Service, Walt Disney World, Disney, City Council Locations: Florida, Orlando, Miami, South Beach, Disney, Minneapolis

☆ Lyft and Uber to cease operations in Minneapolis after new minimum wage law
▼ + stars: | 2024-03-15 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Lyft and Uber will stop offering services in Minneapolis on May 1 after the city council overrode the mayor’s veto of a minimum wage for rideshare drivers. The city council on Thursday voted 10-3 in favor of the override, allowing rideshare drivers to be paid the local minimum wage of $15.57 an hour. “Everyone wants to see Uber and Lyft drivers get paid more. However, the analysis Frey referred to showed lower numbers — $0.89 per mile and $0.49 per minute — to make minimum wage. Minneapolis is debating the minimum wage as gig workers across the country are advocating for fair wages and job benefits.

Persons: New York CNN — Lyft, Uber, Lyft, ”, it’s “, Jacob Frey, ” Frey, Frey, Tim Walz, ” Lyft, – CNN’s Jennifer Henderson, Ramishah Maruf Organizations: New, New York CNN, CNN, Twin, WCCO, Minnesota Gov, Democrat, Uber, New York City Locations: New York, Minneapolis, Twin Cities, Minnesota, California

☆ Who will buy TikTok from ByteDance?
▼ + stars: | 2024-03-14 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

At $100 billion, there are few companies that could afford to buy TikTok outright. Citing people familiar with the matter, the Journal wrote that Kotick “floated the idea of partnering to buy TikTok to a table of people that included OpenAI CEO Sam Altman.”CNN couldn’t independently confirm the report. Its one go at the social media scene, the buggy and short-lived Ping, was one of Apple’s biggest flops. And any tech executive or private equity investor thinking of buying TikTok would need to be prepared to enter the social media quagmire. A key question in assessing the value of a TikTok deal is whether China would allow ByteDance to export its algorithm — the secret sauce that keeps TikTok users glued to their phones.

Persons: CNN Business ’, There’s, Joe Biden’s, who’d, Dan Ives, ” Ives, Who’s, ”, Gene Kimmelman, OpenAi, Bobby Kotick, Activision Blizzard, “, Sam Altman, ” CNN couldn’t, Altman didn’t, doesn’t, quagmire, They’d, Mark Zuckerberg, Shou Chew, It’s, Trump, —, Brian Fung Organizations: CNN Business, New York CNN, Senate, Microsoft, Department, Google, ” Meta, Facebook, Street Journal, Activision, ” CNN, Kotick, Apple, Oracle, Walmart, Communist Party, ByteDance Locations: New York, United States, Beijing, Europe, China

☆ Facial recognition tech is widespread now, but still might not recognize you
▼ + stars: | 2024-03-14 | by ( Alex Bitter | ) www.businessinsider.com time to read: +6 min

Facial recognition frequently misidentifies people of colorMIT Media Lab researcher Joy Buolamwini found that facial recognition technology misidentified black women up to 35% of the time, the New York Times reported in 2018. When fewer photos of people from other racial and gender groups are used, facial recognition tech is less accurate at identifying people of those backgrounds, the study said. In some cases, it's possible to opt out of using facial recognition technology — and its high error rate. But sidestepping facial recognition often isn't possible, said Gideon Christian, a law professor at the University of Calgary who has written about the legal and societal aspects of facial recognition technology. AdvertisementThe FTC banned Rite Aid from using facial recognition technology in stores for five years as a result.

Persons: —, Spark, Joy Buolamwini, shoplifters haven't, Gideon Christian, Samuel Levine, Christian Organizations: Service, TSA, Business, MIT Media, New York Times, MIT Technology Review, Walmart, CBP, University of Calgary, FTC, FTC's, Consumer Protection, Rite Aid Locations: India

☆ AI could boost these stocks with customer support needs, Barclays says
▼ + stars: | 2024-03-13 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

One of the leading emerging use cases for artificial intelligence could be automating customer support requests, according to Barclays. At a time when some investors are beginning to doubt the AI momentum, some companies are now experimenting with AI for customer support and consumer-facing features. These support levels involve escalations from solving simple customer service problems, and can entail trouble-shooting with support technicians and the involvement of engineers, if needed. Lyft stands to be the biggest beneficiary of AI automating customer support requests, assuming that it can move just over a third of its Level 2 and 3 human-based customer service requests to AI. To be sure, it's still early days for companies that could benefit from deploying AI as part of their customer support, Barclays found.

Persons: Ross Sandler, Klarna, Sandler, GoDaddy, Roblox's, it's, We've Organizations: Barclays, Web Services, Google, FactSet

☆ Uber and Lyft are threatening to leave Minneapolis over a ride-hailing proposal supporters say would guarantee drivers earn the city's minimum wage
▼ + stars: | 2024-03-13 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +10 min

The conversation around ride-hailing driver pay has been heating up across the country over the past year. AdvertisementLoren Balazs, a full-time driver in Minneapolis, told BI he's worried the city council's proposal would hurt his ride-hailing business. The study estimated that a minimum pay rate of $1.21 per mile and $0.49 per minute would guarantee drivers earned the city's minimum wage. AdvertisementThe debate over minimum pay for ride-hailing drivers has been building in Minneapolis for over a year. Tim Walz vetoed a bill that would have established minimum pay standards for Uber and Lyft drivers.

Persons: —, Erin Hatton, Jacob Frey, Lyft, Lyft haven't, Uber, behemoths wouldn't, aren't, Axios, Alexandrea Ravenelle, Sergio Avedian, Guy, Austin, Avedian, Joe Pierce, he'd, Loren Balazs, Sheri Wegner, they'll, Mayor Frey, Tim Walz Organizations: Service, Business, University at Buffalo, Minneapolis City Council, Minneapolis, New, Seattle, Minnesota, University of North, Star Tribune, Minnesota Gov, Uber, Minneapolis City Locations: Minneapolis, Minneapolis ? Minnesota, New York City , Washington, California, Chicago and Massachusetts, Washington, Seattle, Minneapolis . Washington, Alexandrea, University of North Carolina, Minnesota, Twin Cities

☆ I earn 6 figures working just 10 hours a week. Here's how I rate my 8 income streams based on difficulty and earning potential.
▼ + stars: | 2024-03-13 | by ( Aria Yang | ) www.businessinsider.com time to read: +10 min

Grace Ryu quit her tech job to pursue multiple income streams and now earns over $100,000 a year. Chasing different income streams aligns with my personality — it satisfies my desire to explore and try as much as possible. Here's a breakdown of my eight income streams, with earnings, difficulty level, and time spent each week:Advertisement1. Luxury picnic businessEasy rating: 9/10Lucrative rating: 7/10I run a luxury picnic business with my best friend and my boyfriend. AdvertisementI wish I had diversified my income soonerAlthough building my income streams took a lot of hustling upfront, I wish I had started sooner.

Persons: Grace Ryu, —, Kendra Scott, It's, you'll, isn't, I've Organizations: Service, Facebook, Texas, M University, Brands, Amazon's, UGC, Rover Locations: Houston, New York

☆ You'll have almost zero competition to land a 'highly paid' job in these 10 cities
▼ + stars: | 2024-03-13 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +3 min

4 city with the least amount of competition to land a "highly paid" job, according to a new analysis from Career.io, a career management platform. 19 Toledo, Ohio, among the biggest least competitive towns with some 269,000 residents, barely one person applies to a highly paid job there every day, on average. The top cities with low competition in the job market have a higher share of these vacancies. On the flip side, the most competitive place to land a highly paid job is Salt Lake City, where every highly paid open job (defined as a salary over $94,515) received roughly 35 applicants every day. Several inland cities, including St. Louis and Denver, showed fiercer competition on the high-paying job market over coastal cities including San Francisco (No.

Persons: Taylor Tomita, Tomita Organizations: LinkedIn, of Labor Statistics, Census, NeoMam Studios, Career.io Locations: Sitka , Alaska, Parkersburg, W.V, Toledo , Ohio, Parkersburg , West Virginia, Nampa , Idaho, , Montana, Sitka, Alaska, , Nebraska, Kearney , Nebraska, Dover , New Hampshire, Laredo , Texas, Morgantown, West Virginia, Olathe , Kansas, Salt Lake City, Louis, Denver, San Francisco, Los Angeles, New York

I canceled my appointment with an accountant to file my taxes using the IRS's Direct File tool. Screenshot of the IRS Direct File websiteOnce my eligibility was confirmed, I was prompted to create an IRS account. Direct File explained where to locate my wages and employee ID number on my W-2 form, which streamlined the data entry. Overall, the IRS Direct File was a useful tool that made filing my federal taxes a breeze. AdvertisementThat way, filing taxes could be less of a headache for all workers.

Persons: —, Janet Yellen, Dan Grover, ChatGPT Organizations: Service, Apple Vision, Netflix

☆ The IRS's free tax filing system is officially open. Here's everything you need to know.
▼ + stars: | 2024-03-12 | by ( Allie Kelly | ) www.businessinsider.com time to read: +3 min

Read previewThe Internal Revenue Service and the US Department of the Treasury officially launched their Direct File tax program on March 12. Direct File — now available in both English and Spanish — has been piloted in several states and offers Americans a free way to file their taxes. With Direct File, taxpayers can file their taxes directly from their smartphone, laptop, or desktop computer. The Direct File program will show taxpayers clear math on the taxes they owe and their expected tax refund. "Our priority in launching this new service is to save taxpayers time and money they can spend on themselves and their families."

Persons: —, Spanish —, Joe Biden's, Wally Adeyemo, Natalie Quillian, Quillian Organizations: Service, Revenue Service, US Department of, Treasury, Business, Taxpayers, Social, Treasury Department, IRS, Staff Locations: Spanish, California , Arizona, Florida , Massachusetts, New Hampshire , Nevada , New York, South Dakota , Tennessee , Texas, Washington, Wyoming

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