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Poor people don't need professional help. There's certainly any industry telling people that they need professional help, but honestly, poor people just take th

Poor people don't need professional help. There's certainly any industry telling people that they need professional help, but honestly, poor people just take the standard deduction, and if they have kids the Earned Income Tax Credit. If you can read a W2, and can do basic arithmetic, you're done. As my parents said years ago, "You think it's really that hard when they just grab a bunch of people off the street, stick them behind a folding a table call them H & R Block?" It's only when you start having to deal with itemized deductions, self-employment, multiple investments, and all the stuff that quite frankly poor people can't afford, do you start to need help, and even then, the filing isn't that big of a deal. It's the structuring to reduce taxes prior to tax day that's complicated as hell.

sidewndr46 4y ago
I don't really know that having multiple investments is outside the reach of "poor people". If you want to put $100 in some stocks, it isn't going to cost anymore than that today.
- jonathankoren 4y ago
  Poor people don't even have banks. Why do you think all those check cashing places are everywhere? Thinking they have savings is just the chef's kiss of out of touch.
- kelnos 4y ago
  I think you are a bit out of touch. Many poor people don't even have access to a checking/savings account, let alone a brokerage account or 401k. And for many people, even $50 a month can mean the difference between being hungry or not, or paying rent or not. It's a very bad state of affairs.
- Sohcahtoa82 4y ago
  This comment was absolutely painful to read. It's just so out of touch, it's unbelievable. There was a time in my life when $100 was my monthly food budget. I had to get dental work done, and even with insurance, it was $400. I had to take out a god damn credit card to pay for it and cut my meager food budget even further to make payments.

sidewndr46 4y ago

I don't really know that having multiple investments is outside the reach of "poor people". If you want to put $100 in some stocks, it isn't going to cost anymore than that today.

jonathankoren 4y ago
Poor people don't even have banks. Why do you think all those check cashing places are everywhere? Thinking they have savings is just the chef's kiss of out of touch.
kelnos 4y ago
I think you are a bit out of touch. Many poor people don't even have access to a checking/savings account, let alone a brokerage account or 401k. And for many people, even $50 a month can mean the difference between being hungry or not, or paying rent or not. It's a very bad state of affairs.
Sohcahtoa82 4y ago
This comment was absolutely painful to read. It's just so out of touch, it's unbelievable. There was a time in my life when $100 was my monthly food budget. I had to get dental work done, and even with insurance, it was $400. I had to take out a god damn credit card to pay for it and cut my meager food budget even further to make payments.