Here’s something else that was in that tax bill. One I kind of glossed over.
And, I can guarantee that this provision- which is only a feasibility determination- if the IRS elects to proceed, there will be a LOT of screaming and yelling. Not from me- I’m all for it. But, Intuit (aka Turbotax), Jackson Hewitt, H&R Block and a slew of other tax preparers are clearly not in favor of this idea at all.
Continue reading Pipe Dream- or First Step?
Do you ever wonder what we do with your data when you decide to let us prepare your taxes for you?
Well, since you probably haven’t asked us to do your taxes, I’m pretty sure you have no idea.
Continue reading Did you sign away your privacy?
Mea Culpa!!!!!
I really should have thought about this when I was presenting the results of studies on what tax programs folks can use. (To recap- if you are at the 50% income level or below (~$66K or below), there are free programs that let you file your taxes. [Note: Many of them actually charge for state filing; it’s just the federal filing that’s free.] One offering is great if you don’t itemize; if you do, these folks recommend that you choose another. But, if you an unincorporated business, own (all or part of) an established business (that requires separate tax filing), possess a moderate-to-large stock portfolio, own a rental home or building… then you need our services.)
Continue reading Free is never really free