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FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

cnn.com

171–180 of 268 posts

Re: FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

#171

It's 2024. It's beyond time for the IRS to offer free tax filing online. You've been able to file for free on paper since forever. But again, it's 2024. Paper is not a reasonable solution for either filers or the IRS in 2024. It's difficult to handle, error-prone, and all the software they use to validate paper forms could be repurposed to accept online forms. And the online forms should be pre-filled with all the in…

Uh, you know that it's a thing starting this year?

https://www.cnn.com/2023/10/17/politics/irs-free-tax-filing-...

Re: FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

#172

Earlier quoted context omitted.

Could you say more about the "self filing app"? A quick Google search didn't turn up anything (which probably says more about my current lack of sleep than anything :) )

https://www.irs.gov/about-irs/strategic-plan/direct-file Not to be confused with IRS Free File

Typical government product launch website. As far as I can tell, they don’t provide a link to where the service will be available or date of availability despite it being tax season. I guess you are to check back if you’re potentially eligible or sign up for the newsletter.

Re: FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

#173
post #58

Earlier quoted context omitted.

This story has to be apocryphal, as fractions aren't _that_ rare, especially in the U.S. with its imperial system and third of a cup measurements or quarter inches or half miles and so on.

Reportedly that’s the answer they got in focus groups when they tried to figure out why it failed. 4 > 3.

So why didn't they start selling 1/5 pounders?

Re: FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

#174
post #89

Earlier quoted context omitted.

TurboTax is marketing to the kind of people who think getting big refunds is a good thing. That's generally people with lower incomes, so this fits that target.

It is generally a good thing for folks who live paycheck to paycheck. Higher withholding forces more budgeting, and then they get a big paycheck once a year to pay off whatever

If they were budgeting, they wouldn't be living paycheck to paycheck. It makes the budgeting more challenging to give the government and interest free loan.

However, giving the government an automatic loan means that a land lord cannot charge that much more in rent, and the owner does get to spend it eventually, rather than throwing it into a rent pit

Re: FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

#175

It's 2024. It's beyond time for the IRS to offer free tax filing online. You've been able to file for free on paper since forever. But again, it's 2024. Paper is not a reasonable solution for either filers or the IRS in 2024. It's difficult to handle, error-prone, and all the software they use to validate paper forms could be repurposed to accept online forms. And the online forms should be pre-filled with all the in…

Uh, you know that it's a thing starting this year? https://www.cnn.com/2023/10/17/politics/irs-free-tax-filing-...

TIL! Fortunately, my state (Washington) is on the list. Unclear when it will be ready for use. Anyone know? I just signed up for their newsletter.

Re: FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

#176

It's 2024. It's beyond time for the IRS to offer free tax filing online. You've been able to file for free on paper since forever. But again, it's 2024. Paper is not a reasonable solution for either filers or the IRS in 2024. It's difficult to handle, error-prone, and all the software they use to validate paper forms could be repurposed to accept online forms. And the online forms should be pre-filled with all the in…

[deleted]

Re: FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

#177

Earlier quoted context omitted.

This story has to be apocryphal, as fractions aren't _that_ rare, especially in the U.S. with its imperial system and third of a cup measurements or quarter inches or half miles and so on.

It's not that they're rare, it's that it legitimately is an easy error to make even if you understand it to be an error. Even people who work with equations every day will occasionally make careless mistakes like this. That's why mathematicians joke about how it's important to make an even number of sign errors. To not make this mistake, you have to be able to call to mind that the map x -> 1/x reverses the inequalit…

3/8ths is 0.375 while 1/3rd is 0.333~ so it's even bigger while still larger than 1/4th (0.250), without being that much bigger.

3/8ths is a pretty good marketing point since all the numbers are bigger and it should be intuitive, plus you can more easily see that it's also 50% bigger than 1/4th => 2/8ths. The harder sell is the 'double whatever' being equal to 3 patties of the competitor.

Re: FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

#178

Finally, something is being done. Paying taxes should be free for most people. Especially if you only have to deal with the standard deductions.

Our documents should not be sent automatically to the IRS if the IRS won't figure out our taxes.

Speaking generally, but the IRS as an institution would love to be able to move to automated tax filing.

The thing that is blocking that happening is intense lobbying by intuit (and a few others) plus anti-tax groups. See https://www.propublica.org/article/how-the-maker-of-turbotax... for what was probably that best quick summary from about 10 years ago.

Re: FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

#179

Earlier quoted context omitted.

Fractions are just division. When kids learn division, it's about splitting into equal groups. Fractions are a bit different though - you're splitting a single thing into equal chunks. Hence, slices of pie. Multiplying by 1/5 is really dividing by 5. Introduce that first. We already know how to do this. You split your 1/3 slice into 5 equal slices. Do the same to the other 2/3 slices, count all the slices, and you ha…

IDK, I did fine with them and find thinking in them natural (I think of fractional division as division, in fact, though I certainly understand the multiplication analogy); I’ve just known enough people who lost track of math at fractions that I doubt it’s coincidence. I’m not saying I don’t get it, I’m saying others have told me that they found the explanations and instructions they were given nonsensical.

Have you tried dumping all the sockets out of a socket set and putting them back in order? Do you find it's easier to order the metric ones than the imperial ones which have a lot of different denominators on adjacent sizes? I certainly do but I'm not American so maybe it's my background limiting me.

Re: FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

#180
post #168

In Sweden, for most citizen the tax authority does the tax declaration for you. If you don't want to do any changes (which most people doesn't have to), you simply write a text to them [1]. [1] https://skatteverket.se/servicelankar/otherlanguages/inengli...

How do private shareholders make a profit and thus increase the gdp from that?
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