61–70 of 108 posts
Earlier quoted context omitted.
That hasn’t been determined, and while they’re sometimes controversial, I’m not sure they are unconstitutional as long as there’s a path to appeal to Article III courts. Just as a point of reference, military tribunals and immigration courts also fall outside of Article III as well.
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Can we just switch to pre-filled tax forms already? The average American spends about $200/year and 12hrs preparing their taxes. This study from last year found that pre-filled tax forms would be accurate for 42-48% of people. That is already amazing, and I'm sure that number could be doubled over 10-20 years. https://www.nber.org/papers/w30008
how would you handle the large number of deductions and credits everyone files for yearly? does the fed know of o bought a solar generator and plan on taking a credit? do they know if I had my windows replaced and plan on a deduction? do they know how many square feet my at home office is, or how much I spent in supplies? do they know if I plan on taking the general deduction or itemizing?
I have done that in multiple countries - getting tax refunds and other benefits at the end of the tax year. I even ran a business in the "tax heavy EU", where all of my tax related duties were at most 30 minutes per month(that's with payroll and other common business bookeping)
Meanwhile in US - IRS knows what you owe, IRS is legally banned to tell you and you're forced to pay a third party to send your documentation to IRS... oh... and they also make mistakes very often.
Yet for some reason, people like you are up in arms.. do you work at Intiut or something?
Can we just switch to pre-filled tax forms already? The average American spends about $200/year and 12hrs preparing their taxes. This study from last year found that pre-filled tax forms would be accurate for 42-48% of people. That is already amazing, and I'm sure that number could be doubled over 10-20 years. https://www.nber.org/papers/w30008
But that’s the average American. Like everything in America, if you make enough money it’s not a problem. Just pay for an accountant.
The whole system is created to screw you... and yet many people defend it.
Earlier quoted context omitted.
I mean... They pay off literally every single lawmaker, to make sure that you will pay them for doing your taxes. If you had any respect for them at any time, you probably shouldn't have. The level of corruption that they support is stunningly humongous. And even if you're using your "local tax person" - you're likely to be still making them money... as many CPAs use Intuit's software.
My tax guy uses Intuit Software as well. And I pay him 10x the cost of Turbo Tax. But I pay him for expertise / peace of mind. Intuit can fleece me all they want. Give me non-BS advanced features and I will gladly pay way more. Just don't trick my mom & dad. But I guess they need to make their money from the masses.
Tricking your parents into paying for things that they don't even need - that's where the money is.
Selling 20 $2mil cars per years isn't as valuable as selling 1mil "cheap" $700 iPhones per year.
Intuit is guilty of using a whole range of dark UI patterns to trick people into paying for products they don't need. Last year I almost paid $80 (surprise at the END of the entire TurboTax flow) and clicked back 10 steps to realize that they showed a deceptive screen that implied that you had to select that option. Their marketing emails are particularly deceptive, and if you try to opt out of them and unsubscribe,…
> Their marketing emails are particularly deceptive, and if you try to opt out of them and unsubscribe, they force you to enter personal information you don't readily have access to to "confirm your identity." That shouldn't be legal, and I'm surprised that doesn't get their emails redirected to /dev/null by everyone. Stuff like that doesn't even deserve the modicum of respect that getting sent to Spam denotes, mail…
Intuit is guilty of using a whole range of dark UI patterns to trick people into paying for products they don't need. Last year I almost paid $80 (surprise at the END of the entire TurboTax flow) and clicked back 10 steps to realize that they showed a deceptive screen that implied that you had to select that option. Their marketing emails are particularly deceptive, and if you try to opt out of them and unsubscribe,…
I mean... They pay off literally every single lawmaker, to make sure that you will pay them for doing your taxes. If you had any respect for them at any time, you probably shouldn't have. The level of corruption that they support is stunningly humongous. And even if you're using your "local tax person" - you're likely to be still making them money... as many CPAs use Intuit's software.
Earlier quoted context omitted.
I mean... They pay off literally every single lawmaker, to make sure that you will pay them for doing your taxes. If you had any respect for them at any time, you probably shouldn't have. The level of corruption that they support is stunningly humongous. And even if you're using your "local tax person" - you're likely to be still making them money... as many CPAs use Intuit's software.
Democrats have the opportunity to change that. Every time Republicans are in charge, the Democrats scream loudly about letting the IRS offer their own free tax filing service and blame Republicans for it not happening. The IRS is trying again right now to offer free filing and the Democrats are in charge of Congress and the presidency. They can make this happen or they can let the IRS's work go to waste and reserve t…
Because corruption goes both ways. There's a reason one party blames the other for X when the other is in power, and then do nothing about X when they are in power.
Intuit bought Credit Karma but had to divest from their free tax filing option, they're a good alternative.
Earlier quoted context omitted.
I mean... They pay off literally every single lawmaker, to make sure that you will pay them for doing your taxes. If you had any respect for them at any time, you probably shouldn't have. The level of corruption that they support is stunningly humongous. And even if you're using your "local tax person" - you're likely to be still making them money... as many CPAs use Intuit's software.
Democrats have the opportunity to change that. Every time Republicans are in charge, the Democrats scream loudly about letting the IRS offer their own free tax filing service and blame Republicans for it not happening. The IRS is trying again right now to offer free filing and the Democrats are in charge of Congress and the presidency. They can make this happen or they can let the IRS's work go to waste and reserve t…
Manchin has long not toed the line with Democrats, and Sinema is officially not a Democrat, so they are not even at 50 senate votes. And they are the minority in the House, so they clearly do not have any control of Congress.
You also need 60 votes in the Senate for whatever reason, which they are nowhere close to. The last time sort of had it, which was again a heavily compromised 60 votes, was Jun to Dec 2009 during which time PPACA was passed.
I've been very happy with Cash App Taxes for the past few years. They are actually 100% free no matter what. Federal, state, extra forms. All free.
One caveat to this is when CreditKarma Taxes was acquired by CashApp they forced users to sign up for CashApp and install it on a phone in order to continue doing taxes