Politics

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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

I feel for you guys. I hope this comes off for you. In Australia we have had free, pre-filled returns for a while. 5 minutes and it's beer o'clock.