It’s about time that Intuit was called out for their scam. Hopefully, the attempt to stop the federal tax filing will get dismissed as well.
I love how it’s gone so far beyond “We would like to assist people in paying their taxes.”
“We would like to prevent the US government from examining the possibility of creating it’s own online tax filing portal.”
“We would like to advertise our product as free using government channels and grants only to then turn around after the user has input their most sensitive data into our database and attempt to wring them for $100.00 or not be bound by our privacy policy.”
Feels like every Evil Corporation ™ has gone this route. In ye olden days it used to be a competitive market where businesses tried to provide the best product and services for the best prices. Then at some point everyone collectively decided to start doing as little as possible without getting sued. I’m so sick of it.
Regarding tax compliance for individuals, if you have the slightest complications in your financial situation, it might be best to pay a small time preparer $500 to deal with the hassle. Software isn’t cheap these days so might as well pay a small premium for the better service a pro provides. (Disclaimer: I am a pro so my opinion is biased.)
It was in the specific moment that tort reform limited damages to 250,000 because they blamed an old Lady for getting burned by her 170° coffee. Though she was awarded like 7.6 million as an additive damage because.mcdonalds had been gently warned several times before
Why, because it’s cheaper to get sued for a few bucks than to not be a shitty company? Interesting. Like Ed Norton’s car recall equation in Fight Club. Got a source? Not challenging you but I’m curious if that’s your opinion or a known concept.
More specifically because the vast majority of cases will either never be filed or in rarer circumstances be easily settled out of court with an initial low-ball. Judgements often take this into account but by limiting the maximum payout it could be argued that that was the price of a human life. You are free to look this up but it’s settled law barring several notable exemptions.
https://www.carlsonattorneys.com/news-and-update/liebeck-v-mcdonalds
Every time you see a post like this, remember that one of your elected officials lined their pockets to fuck the entire country for generations ahead
You left out the best part… The amount is often extremely low. Just a few grand to the old PAC that directly feeds their campaign which is just a slush fund for their personal use.
When you’re the kind of person to do this, the number doesn’t matter. It’s the fact that you will get away with it
I remember one time I spent an hour filing taxes, I accidentally hit a premium option, it literally didn’t let me go back to free. On top of that it kept piling on charges. Fuck intuit. Thieving pieces of shit.
HRBlock is the same.
I refused to use them ever again after they tried to charge me $300 when it was listed as “free”
My brother accidentally hit premium a few years ago and the free option is just gone for good for him. It’s such bull shit. I’ve never paid with turbo tax and was convinced he was doing something wrong. Nope, it’s literally not available anymore for him.
In sane countries, the revenue service calculates your taxes for you and sends you a bill.
In Ireland and I believe most other European countries the tax is just taken out of your salary/wage by your employer and sent to Revenue. So unless you do something taxable outside of a normal wage you largely don’t need to worry about it.
It is in the U.S. too, but you often either owe more than was taken out or are due a refund because too much was taken out. But you need tax software in order to figure that out because it’s so damn complicated half the time.
Oh that sounds somehow more annoying than just having to pay it yourself, seeing as you have to do the calculations yourself anyway.
To be fair it possible to be owed a refund or owe extra tax in Ireland too. If you changed jobs and didn’t inform Revenue they won’t apply tax credits until they know the full story for example. You never have to calculate how much you owe or are due though, at least not for an individual. You just tell them what your salary is, or if you’re claiming a credit.
The US allows deductions, which can come from a large number of sources. Some examples include interest paid on the mortgage of your primary residence, certain health care costs, or charitable giving. Since your job doesn’t know about those, they can’t make that calculation in your payroll withholding.
You can do that in Ireland too. For health insurance the insurer handles the tax and takes it off what they charge you. For charities if you donate over a certain threshold the charity gets to claim back the tax you paid for themselves. For ongoing things you inform Revenue and they let your employer know to collect less tax. Then for other things you just tell Revenue and they refund you.
Health care costs in Europe? Nice try. We are taxed for that. What he meant is that in desember you usually get a notice from the tax office about next years tax rate. In 2024 you’ll probably pay this much taxes and have these deductions. Is this correct? You’ll have time to change it if you need to and then a set tax rate is made to pay for your taxes for 2024, which is then deducted from you pay check.
Come 2025 and tax season you should have a tax bill for 2024 at 0. If everything checked out. Should be said that the tax office always tax a bit more to be on the safe side.
Only thing I have to do each year is moving half of the paid interest to my girlfriend. (if we were married that would have happened automatically)
Also in my country all charitable donations above 50 USD is registered and gets laid out the tax form. You only get deductions over 50 USD with wire transfer. Paid in cash doesn’t count.
It’s really easy as it should be.
Oh that sounds somehow more annoying than just having to pay it yourself, seeing as you have to do the calculations yourself anyway.
it was never about the convenience of the worker, but about making sure they pay. companies act as tax retention agents.
The reason is that rich people have lots of loopholes to avoid tax and a lot of them just flat out file fraudulently. If the system was simpler, then they’d have to actually pay their taxes because it would be easy to detect.
Yeah but it’s much easier for the rich to find loop holes and not pay their fair share our way. So you see, it’s much better! /s
Intuit is not your friend or ally, or anyone you want to do business with, or have an account on their many myriad of financial web sites, which they are gobbling up all the time
Any good alternatives to Credit Karma? Didn’t even know Intuit owned them until the other day. :( I moved my funds from their savings account elsewhere but need a good alternative to keep tabs on my credit score.
I don’t know how they stack up to credit karma since I’ve never used them, but personally every bank, credit card, etc. that I use seems to have their own credit score tool somewhere on their app/website.
I suspect they probably don’t have quite as much data as something you’re specifically paying for, they may update with different frequencies, etc. but if you just kind of want a good idea of what your credit score is and why, they’re probably pretty adequate. Probably worth looking into whatever you already have before you look to throw more money at something.
Just keep in mind, credit karma shows you Vantage scores not FICO scores. FICO scores are what lenders actually look at.
Are you my friend/ally?
No, that would be Saruman the White. He’s both.
Fuck the politicians that allow this shit to exist. Good on this move, but to be clear, it’s the same folks who enabled it.
“Intuit will appeal this groundless and seemingly predetermined decision by the FTC to rule in its own favor and is confident that when the matter ultimately returns to a neutral body Intuit will prevail, as it has previously in this matter,” the company said.
Lmao
