Eat shit, lobbying to make simple tax returns something you have to pay Turbo Tax, H&R Block, etc for.
I don’t know much about investing, but i wonder if it would it be a good time to short those companies?
If you don’t know much about investing then you shouldn’t short anything ever. People who know about investing will tell you that even when your logic is 100 percent sound, the market isn’t that predictable and in general the market can stay irrational longer than you can stay solvent.
Eat shit [insert private company here]
I hope every CEO gets the worse form of cancer and dies slowly.
Even the founder of Costco (only stepped down as CEO a few years ago), a company famous both for how well it treats its customers, and its workforce?
It might have treated them well compared to the competition, but they didn’t get as large as they are without making massive profits off the work of their employees. There’s a difference between treating the well and treating them fairly.
making massive profits off the work of their employees.
Labor is a cost, not a source of profit, what kind of moronic statement is this? If employees were a source of profit, the notion of downsizing would never exist–why would a company ever lay anyone off, if workers create more value than their wage?
Labor is the source of all profit. How would the company make money if no one did anything? Companies use their control of the means of production to leverage workers into doing labor. They then sell what the labor creates to make money.
They didn’t create anything themselves. They had ownership of the means and that gives them ownership of the output that they profit off of. Money doesn’t just appear. Something has to be produced, which is done through labor.
Sure, sometimes an employee costs more money than they return. First, that doesn’t mean they created no value, just less value than they cost to employ. Second, sometimes this does decrease profit, but is done as a short term reduction of overhead while things change, or it’s just dumb business which isn’t uncommon.
Labor is the source of all profit. How would the company make money if no one did anything?
Charge the customer more for the finished product than what it cost to produce it. Obviously.
The simple fact is that if employees were a source of profit, businesses would all try to hire as many people as they possibly could, because not doing so would literally be leaving money on the table for no reason. But obviously that is not what goes on. When a business is in trouble financially, what’s more common, a hiring freeze, or a hiring spree?
Removed by mod
As a tax accountant, I sincerely hope this gets to a point where a vast majority of the population has no need for my services.
I used to play in the big leagues where none of my clients would ever qualify for this and their returns routinely took upwards of a hundred hours to complete. Those guys need to keep paying.
Now I play down in the minors a couple steps above the Block, and I hate seeing the owner sell these three or four hundred dollar returns that might take me an hour to complete in the first year and maybe thirty minutes in subsequent years.
That’s a very interesting transition. Was the catalyst neutral or happy one, or perhaps a sad one?
Mutual disdain was the catalyst. I did it for eight years and probably lost fifteen years of life expectancy from it. Ungodly toxic environment. Fuck big firm accounting. Fuck them all in the most demeaning, painful way imaginable.
I make roughly one third the money today, and I’m much happier for it. I still make a comfortable living where I don’t particularly worry about money, so what would the additional two thirds do for me outside paying medical bills it causes?
No matter how much I try to remove my name from searches, I still get recruited by ambitious young people on a regular basis. I generally make them stop with a response that goes something like this:
I would rather have my eyes gouged out by the white hot barbed penis of Satan himself while he spits in my mouth than return to public accounting for any amount of money.
Wow congrats USA for doing something that makes sense before Canada.
why isn’t this constitutionally protected.
Can we pass an amendment for this shit? It’s actually kind of fucked up.
I have a couple of other constitutional amendments I’d like to advance before this.
idk man i think i disagree honestly.
Tax is one of the very few constants that we all have to legally deal with, aside from like, auto insurance.
Mine was too complicated to file for free because I have retirement investments? Seems like a silly reason to force someone to use a paid service.
Sounds like having any 1099 is ‘too complicated’. So anyone with any sort of savings account that managed to get $10 of interest over a year… So if you have like a thousand dollars in a boring old savings account you are ‘too complicated’.
Not really. If you are filling out $10 1099s you’re probably taking a standard deduction so it never matters.
Wow, old comment.
1099 is income, not a deduction.
That’s a good point.
Free if you have no other exemptions to file.
1099? Nope Depreciation? Nope Tax credits? Nope
Makes for a great headline though.
Im sure those of us that do have exemptions other than the standard will see our tax prep fees skyrocket
Some progress is better then no progress, and TurboTax et. al. losing in any way is a victory for the rest of us.
Why is the USA the only country to have those problems, AND complain about getting free stuff?
Some people in the USA want a solution that immediately fixes every possible problem, and don’t quite get the concept of starting small and fixing other stuff over time.
It’s the same with gun control. Some states want to tighten gun laws, and some people are like “that won’t solve all the problems! We need nationwide laws!”. Sure, but why not accept the win that more and more states are starting to do something, rather than complaining that some problems still exist?
