I'm working with other contributors on https://ustaxes.org , an open source tax filing webapp https://github.com/ustaxes/UsTaxes . Currently, many Federal tax forms are supported, as well as tax filing for the state of Illinois. Filing for Oregon and California is under development!
This sounds awesome. How does the user handle the actual filing? I assume you don't have any way to provide e-filing, so would people have to print this out and mail it?
FTC sues Intuit for its deceptive TurboTax “free” filing campaign
171–180 of 610 posts
Re: FTC sues Intuit for its deceptive TurboTax “free” filing campaign
#172Good, but the situation is so much worse than just this. Most Americans could just use the IRS Free File system, which the article mentions, instead of ever giving money to Intuit or H&R Block ever again. But we don’t heavily advertise that system, because that would encourage people to use it, and if you’re going that far, you might as well let the IRS build its own tax software with all your information prefilled l…
Isn’t the free file system simply asking e-file companies to offer a free program to qualifying customers? I thought that the IRS didn’t actually run their own filling system/website for citizens.
However, those options aren't advertised and these companies like to do "Free" but then upgrade you as you fill out options.
Re: FTC sues Intuit for its deceptive TurboTax “free” filing campaign
#173Earlier quoted context omitted.
IMO: The mind blowing element, is that in the grand scheme of things It's not actually that much money . I'm not sure if anyone knows the true amount, but estimates put the number spent on lobbying around a few million dollars. Opensecrets.org estimated ~$3.2m lobbying in 2021. https://www.opensecrets.org/federal-lobbying/clients/summary... For a company that makes $2 BILLION dollars a year, the amount they actually…
Politicians are surprisingly cheap, so long as you're talking about topics that don't get a lot of press. And thanks to Citizens United and similar decisions that have driven up the cost of US elections, US pols are very expensive compared to their counterparts in other countries. It does make me wonder about the efficacy of standing up a lobbying fund to lobby to Do The Right Thing about something. This would be a p…
Congratulations, you just independently invented the concept of a Political Action Committee.
Re: FTC sues Intuit for its deceptive TurboTax “free” filing campaign
#174[0] https://www.npr.org/sections/money/2019/04/03/709656642/epis...
Re: FTC sues Intuit for its deceptive TurboTax “free” filing campaign
#175Earlier quoted context omitted.
I'm not confident in my ability to get my taxes right (mostly due to my wife and I having owned small businesses plus my day job's stock awards and ESPP), so I've paid a local CPA to do our taxes for years now. He always did an incredible job, was happy to answer my questions for me (tax-related or not), helped us refi our house at an amazing price, and so on. His fees were something on the order of $400 or maybe eve…
Your situation sounds like one that a CPA would be perfect for - especially with business taxes involved. Our household has just the basic salaries / expenses / 401k / IRAs. THe year I received some temporary additional benefits, Intuit decided that I had to pay premium in order to enter that single additional 1099. I left, found a much simpler, straightforward service with which I filed legitimately free, and have n…
Which service is that? I haven't filed my taxes this year and am willing to spend some time switching to an app that's less scummy than Intuit's offerings.
Re: FTC sues Intuit for its deceptive TurboTax “free” filing campaign
#176I'm working with other contributors on https://ustaxes.org , an open source tax filing webapp https://github.com/ustaxes/UsTaxes . Currently, many Federal tax forms are supported, as well as tax filing for the state of Illinois. Filing for Oregon and California is under development!
How does the project plan to keep up with that? Will it require volunteers?
Re: FTC sues Intuit for its deceptive TurboTax “free” filing campaign
#177Earlier quoted context omitted.
.... and just to be completely clear, this is only the way it is because of HUGE lobbying spends by Intuit.
IMO: The mind blowing element, is that in the grand scheme of things It's not actually that much money . I'm not sure if anyone knows the true amount, but estimates put the number spent on lobbying around a few million dollars. Opensecrets.org estimated ~$3.2m lobbying in 2021. https://www.opensecrets.org/federal-lobbying/clients/summary... For a company that makes $2 BILLION dollars a year, the amount they actually…
Re: FTC sues Intuit for its deceptive TurboTax “free” filing campaign
#178Earlier quoted context omitted.
IMO: The mind blowing element, is that in the grand scheme of things It's not actually that much money . I'm not sure if anyone knows the true amount, but estimates put the number spent on lobbying around a few million dollars. Opensecrets.org estimated ~$3.2m lobbying in 2021. https://www.opensecrets.org/federal-lobbying/clients/summary... For a company that makes $2 BILLION dollars a year, the amount they actually…
Politicians are surprisingly cheap, so long as you're talking about topics that don't get a lot of press. And thanks to Citizens United and similar decisions that have driven up the cost of US elections, US pols are very expensive compared to their counterparts in other countries. It does make me wonder about the efficacy of standing up a lobbying fund to lobby to Do The Right Thing about something. This would be a p…
It's through season tickets to the network of friends that know the politician, it's through donations to the university that gets their child into college, it's through pacs and issue groups, it's through lining up and bundling donors to max out their individual donations to a politician's preferred presidential candidate, it's through flying them out to special events, it's through hiring their best friend, it's through investing in their brother in law's new business, it's through buying things at their husband or wife's charity auction, it's through arranging a job for them after they retire from politics, it's through finding them a buyer for their investment property, it's through an entire network of investments one or two degrees removed from the politician.
The only sliver of that that people typically cite is the amount directly spent on campaign contributions which (1) mistakenly makes it seem like politicians are cheap and (2) is underwhelming, to people who cite those numbers sincerely believing that that's the only economic dimension to political influence.
Re: FTC sues Intuit for its deceptive TurboTax “free” filing campaign
#179Earlier quoted context omitted.
This sounds awesome. How does the user handle the actual filing? I assume you don't have any way to provide e-filing, so would people have to print this out and mail it?
Yeah, currently the user would print out the PDF generated by the site and mail it in to the IRS. E-filing is on the roadmap, but registering as an E-file provider is a pretty complex process. One of the options we were thinking about is scraping and automatically filling in fields on the free fillable forms site https://www.irs.gov/e-file-providers/free-file-fillable-form...
Re: FTC sues Intuit for its deceptive TurboTax “free” filing campaign
#180Did my taxes this year using TurboTax like always. Sold some stocks this year and all of a sudden I am paying $90 for TurboTax "Premium" to put a couple additional entries in the 1040. What a racket. Next year I'm going to file using something else. This has gone on too long.