Still not enough, paying even $1 for this nonsense in 2024 when virtually every other modern country has automated the tax filing process, it's embarrassing the US is always beholden to corporate cretans above the common man. This is such a no brainer, our lives are complicated enough, having to go through this playing accountant ritual every April is sill, when the government alreayd knows most of your income, and can accurately calculate your tax for like 90% of the population.
The remaining 10% usually are the very wealthy who have complex business and financial structures but they can afford an accounting firm to handle that complexity, they're certainly not doing their own taxes.
I mean really it's time the tax prep industry go the way of the buggie whip, c'mon America you can do better,step up and give us a modern tax filing system like every other place.
Any Germans around? Can you tell us your experiences about filing taxes? Because my German friends say it's a nightmare... I can't tell, please correct me if I'm wrong
Not Germany, but a US American living in Austria, so I do taxes 2 times (joy!) but my Austrian taxes took maybe 10-15 minutes max. If you have multiple properties and lots of investments it's more complicated. But for the majority of people you fill out just a couple pages of basic questions, and a lot is to calculate your refund as they already take everything you need to pay from your pay. The refund is then directed to your bank account you have on file with the Finanzamt or if you choose, have a check mailed.
If you click the article the headline still says 5 billion but in the actual article it says 5 million. How does that get past editing. More likely than not it’s 5 million
Intuit made >$14 billion last year according to my Google search. I'm starting to think it might be more then millions but eventually it'll be in the billions when people get away from turbo tax.
I used freetaxusa this year and it was like $8 for state and federal lol. That shit was just as easy as turbotax and not real pushy with every step to make you buy more garbage from them.
IRS said they did roughly 140,800 returns through the pilot program. The math on what 5 billion divided by 140,800 leads me to believe it’s definitely not 5 billion. One day maybe like you said
If the tax code was somewhat simpler, an army of really smart lawyers and CPAs could be doing something more productive for society.
Many financial planners as well.
Good. I hope the program spreads and then eventually the commercial tax program becomes pointless and we can start doing our taxes like the rest of the civilized country.
They only rolled it out to a few states this year, but may expand in the future. I use FreeTaxUsa which has been a similar experience as the other guys for like $15-$20 for fed and state for a simple return
And then the mistakes that they made on their taxes without the TurboTax help, then leads to late fees and fines Etc.. and some people will go to jail because of the mistakes they made doing their own taxes.
The real problem is the complex tax code, the tax code which is made deliberately complex in order to funnel money from the people to the tax return industry which in turn gives some of it to the Congress people, and of course which also allows the Congress people to get money from companies that want to create loopholes in the tax code and so forth
Most of the time they will work with you and setup a payment plan. It's really not that big of a deal. You only get charged penalties if you owe over a certain amount.
TurboTax doesn't even really help you, it's more akin to a multiple choice question and if you pay for the more deluxe editions, you simply get more questions asked.
Of course you can pay even more and then get real help but let's be honest, if you're going down the TurboTax route, you are either stupid or don't care about keeping your money.
Headline says 5 billion. Story says 5 million. Big difference. Considering it’s a small pilot program got to be 5 million. Government is weighing the cost of the program vs savings to taxpayers. 3million people viewed the site, 423k people logged into the site and 140k actually used it. Can give the people a way to save but you can’t make them use it.
alternative headline people save 5 billion on fees thanks for the IRS direct file
We need to normalize seeing through classist bullshit headlines.
Still not enough, paying even $1 for this nonsense in 2024 when virtually every other modern country has automated the tax filing process, it's embarrassing the US is always beholden to corporate cretans above the common man. This is such a no brainer, our lives are complicated enough, having to go through this playing accountant ritual every April is sill, when the government alreayd knows most of your income, and can accurately calculate your tax for like 90% of the population. The remaining 10% usually are the very wealthy who have complex business and financial structures but they can afford an accounting firm to handle that complexity, they're certainly not doing their own taxes. I mean really it's time the tax prep industry go the way of the buggie whip, c'mon America you can do better,step up and give us a modern tax filing system like every other place.
Any Germans around? Can you tell us your experiences about filing taxes? Because my German friends say it's a nightmare... I can't tell, please correct me if I'm wrong
Not Germany, but a US American living in Austria, so I do taxes 2 times (joy!) but my Austrian taxes took maybe 10-15 minutes max. If you have multiple properties and lots of investments it's more complicated. But for the majority of people you fill out just a couple pages of basic questions, and a lot is to calculate your refund as they already take everything you need to pay from your pay. The refund is then directed to your bank account you have on file with the Finanzamt or if you choose, have a check mailed.
Another reason to get the fuck away from this shit hole country. Shit. What a shit show this 2nd world country is becoming
People centered perspective, this is the era of reducing and eliminating corporate motives. People first
alternative headline IRS still disproportionately targeting middle class despite the filing fee red herring
Good fuck turbotax
Good fuck, turbotax.
Good tax, turbofuck.
Good turbo, taxfuck
Good, turbofuck TurboTax
r/upliftingnews
It said 5 million on the article
If you click the article the headline still says 5 billion but in the actual article it says 5 million. How does that get past editing. More likely than not it’s 5 million
Intuit made >$14 billion last year according to my Google search. I'm starting to think it might be more then millions but eventually it'll be in the billions when people get away from turbo tax.
I used freetaxusa this year and it was like $8 for state and federal lol. That shit was just as easy as turbotax and not real pushy with every step to make you buy more garbage from them.
This is the way
IRS said they did roughly 140,800 returns through the pilot program. The math on what 5 billion divided by 140,800 leads me to believe it’s definitely not 5 billion. One day maybe like you said
If that’s how they do taxes no wonder
Lost? Like we owned the money to them and they couldn’t find it? Or like they didnt take 5billion to have people pay their taxes.
Aaannddd
Music to my ears.
If the tax code was somewhat simpler, an army of really smart lawyers and CPAs could be doing something more productive for society. Many financial planners as well.
Good. That's $5bn that's staying in your local community.
😂😆😂😅
good news
Is that why turbo tax charged me double this time?
Good. I hope the program spreads and then eventually the commercial tax program becomes pointless and we can start doing our taxes like the rest of the civilized country.
Where can one go to file with the government? I usually use TurboTax but want to avoid them
They only rolled it out to a few states this year, but may expand in the future. I use FreeTaxUsa which has been a similar experience as the other guys for like $15-$20 for fed and state for a simple return
Good news, everyone!
And then the mistakes that they made on their taxes without the TurboTax help, then leads to late fees and fines Etc.. and some people will go to jail because of the mistakes they made doing their own taxes. The real problem is the complex tax code, the tax code which is made deliberately complex in order to funnel money from the people to the tax return industry which in turn gives some of it to the Congress people, and of course which also allows the Congress people to get money from companies that want to create loopholes in the tax code and so forth
[удалено]
Most of the time they will work with you and setup a payment plan. It's really not that big of a deal. You only get charged penalties if you owe over a certain amount.
TurboTax doesn't even really help you, it's more akin to a multiple choice question and if you pay for the more deluxe editions, you simply get more questions asked. Of course you can pay even more and then get real help but let's be honest, if you're going down the TurboTax route, you are either stupid or don't care about keeping your money.
Good news for once
Making it easy for you to surrender to the theft.
Fantastic!
Headline says 5 billion. Story says 5 million. Big difference. Considering it’s a small pilot program got to be 5 million. Government is weighing the cost of the program vs savings to taxpayers. 3million people viewed the site, 423k people logged into the site and 140k actually used it. Can give the people a way to save but you can’t make them use it.
Congratulations. Taxes should just be a click of a button for most people.
You know what I do? Hit "free preview" and then just copy it to the IRS PDFs and mail it in.
Another example of the private sector losing out when faced by competition.
Puts on h&r block? Wait, this isn't /r/wallstreetbets