3 ms·

maybe they'll just do all our taxes for us?

• manquer 2y ago
  A lot of developed countries do this. They just sent you your assessment automatically with they you think you/they owe if anything, you need to file anything only there if you believe there is difference . The US system is pretty backwards really, most of the taxes are deducted at source anyway the system already has a good idea of your income/taxes owed. If IRS calculate returns at scale using tax deducted at source and employer info(W-2 etc) , unless you dispute their calculations there is no need for audit or paperwork at all reducing the cost of running IRS too. This kills intuit so will never happen, but if it does it would be the single biggest revenue boost to the Government easily in tens if not 100's of billions of dollars.
  • econ 2y ago
    Yes, every few years I press ok. They want me to do it every year but that just seems like a lot of work. So far they got everything right. I really want this for small businesses in real time. The payment processor already deals with most refunds. It would be nice to fill taxes with each purchase, payment or invoice automatically. Should automate the payments too! Give them the (approved) work schedule, let them provide a clock card machine. Pay the salary end of the shift. Why should we have a party dragging out a transaction? Just complete it immediately and ideally in isolation. Then they might as well also run the bank, the payment processor and the recruitment agency. People here in NL are afraid to start a business not because they can't deliver the product or service or that they can't find customers, they are afraid of the tax office.
• wavefunction 2y ago
  you owe elon musk 80 years of your life - x.gov
• jauntywundrkind 2y ago
  Direct File I think helped some. Deleted by Musk.