Happy Tax Weekend!

[Creeper]

Remember to file your income tax forms by the April 18th deadline!

 

[big dog cowboy]

 

[gtb1943]

So true. But if you want to see horrendous taxes try Belgium, Holland and places like that. As bad as it is here its horrible there.

 

[Hardline]

Legalized theft.

 

[Creeper]

Legalized theft.

I think it seems that way because the tax code is so complicated few people understand it. I am not against paying taxes but I would like to be able to understand what I owe and why.

 

[gtb1943]

I think it seems that way because the tax code is so complicated few people understand it. I am not against paying taxes but I would like to be able to understand what I owe and why.

thousands of pages; and then there are the interpretations from the IRS and the Tax Courts. Even Tax lawyers get caught out now and then.
Kind of karma that a nation born due to the resistance to taxes now has by far the most complicated tax system ever known

 

[Longboysfan]

Just purchase one of the tax software packages.

 

[Creeper]

Just purchase one of the tax software packages.

I use H&R Block. I have been using it for years. That makes it easier to fill out the forms but in a way it masks the complexity and understanding of the laws from the taxpayer.

 

[Longboysfan]

I use H&R Block. I have been using it for years. That makes it easier to fill out the forms but in a way it masks the complexity and understanding of the laws from the taxpayer.

Same. Using it for years.

 

[Hoofbite]

I think it seems that way because the tax code is so complicated few people understand it. I am not against paying taxes but I would like to be able to understand what I owe and why.

This is where I'm at. I don't mind paying for things so long as I know what they are going for. Oddly, for the last 2-3 years we've gotten refund checks in the mail around August/September because the estimated tax revenue was higher than expect. Mine was like $680 last year.

Like, what? How about you estimate better? Or, maybe fix the potholes lining the nearest main street that have been there for months. I get that snow and ice tears stuff up and we've had a pretty cold winter (and even spring until now) but lets get to work on this stuff.

Instead, they're paying for tree trimming along the roadways and after dropping $400 on pruning two trees last year, some random comes up and butchers the same trees before driving to the next house on my street.

 

[Hoofbite]

Just purchase one of the tax software packages.

They're getting awfully pricey and every single one tries to upsell you on additional features. I hate them. Federal (think it does) and State should have it's own sites to file for free. I know, it'll ruin the entire racket but that's how it should be.

If you go for the highest tier (I don't), you can probably get a CPA to just handle everything for you. I think that's what I'm going to do next year and maybe even see if they can amend some previous years because I have no idea what I'm doing or what I am missing.

 

[Tabascocat]

CPA for me, just hand them all the business and personal stuff and let em work

 

[Montanalo]

I've been retired about 6 years and, prior to retiring, I spent most of my career outside the US.

Because of stocks granted as compensation while I worked and only just sold in 2022, I had the great pleasure of filing federal US, Australian, Canadian, Montana and California returns this year.

I'm a reasonably intelligent person, but could no more explain these returns than I can explain the intricacies of brain surgery. Luckily (i think), I had KPMG prepare the returns.

 

[Longboysfan]

CPA for me, just hand them all the business and personal stuff and let em work

And they input it into a tax software package.

 

[HeavyBarrel]

Lol, we owe again……

 

[Creeper]

Lol, we owe again……

Us too. Every year. I suppose I can have more money taken out of my income but even when I do we still pay! I dream of a day when the IRS contacts me and says I overpaid for the past 40 years and hands me a check for $1 million. But then they would probably hand me a bill for $500,000.