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California tried to save the nation from tax filing, then Intuit stepped in

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71–80 of 304 posts

Re: California tried to save the nation from tax filing, then Intuit stepped in

#71
post #49

Earlier quoted context omitted.

HEY! Fellow US ex-pat here in Germany. I do use germantaxes.de which offers a hand-holding experience and all in English but the fact that there's a simple government provided solution is how it should be. All this hate towards FB and others but we really should be reigning in the likes of Intuit because filing taxes should not cost anything for simple W-2's. I recall reading that in Japan if you have just wage incom…

Not just Japan, also true for the UK with our Pay As You Earn system - you get assigned a tax code, and the appropriate amount is automatically deducted from your payslip. No need to file anything, and refunds/demands get generated automatically each year if you've been changing jobs/not working/other odd circumstances meaning that the amount you paid doesn't match what you were expected to

The "Pay-As-You-Earn" system was introduced in Australia and the UK during WW2 lol. The US has the same system its just been implemented extremely poorly

Re: California tried to save the nation from tax filing, then Intuit stepped in

#72

California tried to save the country from gasoline cars, then Ford and Chrysler stepped in and ended up bankrupting General Motors. This is a common theme with big businesses. Instead of complying with "make people's life easier" initiatives they just pay off the politicians.

Or maybe it's a common theme with California's draconian politics being ineffective.

Are you really arguing that corporatocracy is a progressive form of governance? Or do you just believe that companies leeching off society via regulatory capture is better for everyone?

Re: California tried to save the nation from tax filing, then Intuit stepped in

#73
post #58

So we should continue to vote for the politicians who do the public such a service. I fail to see Intuit as the evil company. The politicians that the public votes for are not even responsible. It is the public that votes for them that is at fault. That is the real harsh truth. No one to blame but “ourselves”. I would always be baffled by friends who would decry outcomes but continue to vote for those who created the…

Politicians are directly controlled by special interests. This is why we have John Deere using copyright laws to stop farmers from repairing their tractors, Intuit using tax law to protect it's expensive software, and patent trolls using abusive patent laws to extort entrepreneurs.

Re: California tried to save the nation from tax filing, then Intuit stepped in

#75

Earlier quoted context omitted.

Or maybe it's a common theme with California's draconian politics being ineffective.

The nation is pretty tired of California and NY trying to save it.

Pretty sure California and New York are tired of paying billions of dollars to the Federal government that gets re-distributed to all of the failing Federal welfare states.

If they're so tired, I'm sure they'd be happy to give back the billions of dollars they receive any time now.

https://worldpopulationreview.com/state-rankings/donor-state...

Re: California tried to save the nation from tax filing, then Intuit stepped in

#76
post #70

Earlier quoted context omitted.

If you have all these assets and your time is valuable I imagine you can cough up a few $ to pay a local tax accountant. I do this for my single member company, it costs $150 each year. Very worth it and a small price to pay. They even do a quick review of my books. At this point I am familiar enough with all the forms that I could probably do it myself in less than an hour. But I don't mind supporting the accountant…

I paid 600 usd last year fora tax accountant. He couldn't even do the most easiest part (1040 with stocks and dividend), and after struggling with him we didn't even proceed with the multistate reports I needed. It was complete waste of time and if I didn't check the result it would be also a waste of money and potential criminal action.

1040 filings are not easy at all. incorrectly filed 1040s can lead to things like your investments being classified as a PFIC and taxed at 39.6%

Re: California tried to save the nation from tax filing, then Intuit stepped in

#77
post #36

Earlier quoted context omitted.

Real talk though, how are they going to know that you bought an energy efficient AC unit for your house that you can deduct off your taxes?

They don't know that. The trick is to send you a draft proposal based on what they do know, and allow you to amend it based on information that they do not. If you aren't eligible for any deductions nor have any other taxable source of income of which the IRS was not aware, you just accept their proposal. That's how it works in most developed countries.

It kind of works that way here. You get a W2 from your employer which has every bit of info you need. You put that into a form and submit to the government. The end.

Re: California tried to save the nation from tax filing, then Intuit stepped in

#78
I have "simple enough" taxes that I don't need software.

I recently found out that California has the third WORST average IQ as a state (95.5) and that only confirms that 1) I made the right decision to leave California, and 2) ANYTHING California comes up with is almost certainly NOT a good thing by definition that it came from California!!!

Re: California tried to save the nation from tax filing, then Intuit stepped in

#79
post #52

I for one am fine with taxes being a pain in the ass. That forces people to see what they're paying. If you think they're a pain in the ass, advocate for simpler taxes.

> If you think they're a pain in the ass, advocate for simpler taxes.

Intuit would lobby against that too.

Re: California tried to save the nation from tax filing, then Intuit stepped in

#80

Earlier quoted context omitted.

Or maybe it's a common theme with California's draconian politics being ineffective.

The nation is pretty tired of California and NY trying to save it.

Yeah let's run the country like Alabama instead. They're doing well! /s
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