This Is How We Finally Kill Turbotax
This Is How We Finally Kill Turbotax
This Is How We Finally Kill Turbotax
My take from the video is that unless we as consumers can lobby the millions of dollar Intuit does, how exactly are we supposed to stop them? The IRS needs to step up and protect its citizens from Intuit, H&R Block, and all the other paid tax software companies.
In Sweden we have return-free filing. I get a pre-filled form, check that it looks right, then send a text message to approve it. If I've been selling stock I may need to do some extra work to let the government know how much I earned, but I can easily fill that in on the web page. I just need to tell them how much I bought the stock for.
It's almost like that's how it should work.
but then how do middlemen leech off the system and rich people pay to exploit loopholes?
US Tax filing has been free for a few years if you know where to look. https://myfreetaxes.com/ is a good one with no income restrictions.
In my country, we could do tax for free, but we still invest €5 every year into a commercial program, because it has such a wonderful and helpful documentation.
I'll take €5 over the $200 they tried to charge me last time I used them
Wiso?!
Huh. I thought the irs had a free efile webpage for a long time but what would I know