31–40 of 284 posts
Turbo tax is free for federal filers with no business income, same thing as this service. Except now no taxpayer dollars were spent on maintaining this. This would have been useful if it also did state taxes, which turbo tax is not free for.
With the rise of AI there is no excuse on why tax software should be so hard to make.
The entire reason that tax software is hard is that it can NEVER produce a wrong answer. Plus tax law is about ten thousand times more complicated than you're assuming.
Earlier quoted context omitted.
Such a cheap bribe holy crap.
When you look at the donations politicians receive and the ROI they produce you quickly realize that they are way too cheap. Politicians should ask for way more money so lobbying is not that incredibly profitable.
Except those corrupt politicians want lobbying to be profitable, so they can profit from it too. And if they ask for too much, they’ll just bribe the next guy or may even try to put their own in office. Can’t have that!
Money well spent https://www.yahoo.com/news/opinion-makers-turbotax-gave-trum...
Earlier quoted context omitted.
You’re going to give your tax data - some of the most sensitive data to some constituents - to OpenAI / Google / some other startup? That seems like a nightmare of a product as far as privacy is concerned.
I think they meant that it should be a lot faster to develop software that implements the tax code with the assistance of AI coding tools.
As long as they don't kill FreeFillableForms...
What was wrong with using Free File Fillable Forms in the first place? It's the real deal forms just online and with nothing obscured or sugar coated. I use it every year, and while I wouldn't exactly say I enjoy doing my taxes, I do enjoy being fully aware what I'm filing and not being forced to do it on paper just because others have obtuse opinions or are lazy.
Now, the various self-filing software products also feel a lot like guessing, but at least they walk you through which guesses are mostly likely to be correct and can catch the most egregious errors.
Turbo tax is free for federal filers with no business income, same thing as this service. Except now no taxpayer dollars were spent on maintaining this. This would have been useful if it also did state taxes, which turbo tax is not free for.
Luckily for me, my state rolled out its equivalent of Direct File a couple years ago, and it's fantastic. Just like Direct File was.