[Analysis] This Is How We Finally Kill Turbotax
[Analysis] This Is How We Finally Kill Turbotax
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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Yay, jumping on the bandwagon other countries have been using for YEARS!!!
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.