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@politics on kbin.social is a magazine to share and discuss current events news, opinion/analysis, videos, or other informative content related to politicians, politics, or policy-making at all levels of governance (federal, state, local), both domestic and international. Members of all political perspectives are welcome here, though we run a tight ship. Community guidelines and submission rules were co-created between the Mod Team and early members of @politics. Please read all community guidelines and submission rules carefully before engaging our magazine.

founded 1 year ago

[Analysis] This Is How We Finally Kill Turbotax (www.youtube.com)

submitted 1 year ago by [email protected] to c/[email protected]

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Filing your taxes could be free starting this year. The IRS is running a direct-file pilot program. The goal is to make companies like TurboTax obsolete through a system where your taxes are filled out for you. But tax prep companies are spending millions to block them.

Why are Intuit and H&R Block so against making filing your taxes free and easy? Because they're making billions by charging you. Americans spend $31 billion each year on tax filing.

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[–] [email protected] 3 points 1 year ago

That's true of so, so many things when it comes to the US.

Though to be fair, Canada is in the same boat here, and the whole situation is frankly sad.