As you may know, due to lobbying from tax preparation companies, filing US taxes is extremely over complication and typically requires you to pay someone to do it.
Even though I’ve done my own taxes in the past, I just paid someone else $300 to do it as it’s such a confusing nightmare of paperwork.
Well, the IRS had a program that let you file for free if you met certain conditions. Basically, the average American that is low income could just go through the IRS website to very easily file their taxes.
The current administration got rid of that program. It looks like someone posted the source code that was used to file your taxes.
I guess someone could modify this code so it could be used in a limited way in the future, but it would require constant updates as the tax code changes.
Yeah but changes to the tax code are incremental. If this contains a foundation-layer framework for calculating taxes, it’s a huge bootstrap to just do the YoY changes as opposed to building up.that foundation.
I don’t think it’s a bad thing.
As you may know, due to lobbying from tax preparation companies, filing US taxes is extremely over complication and typically requires you to pay someone to do it.
Even though I’ve done my own taxes in the past, I just paid someone else $300 to do it as it’s such a confusing nightmare of paperwork.
Well, the IRS had a program that let you file for free if you met certain conditions. Basically, the average American that is low income could just go through the IRS website to very easily file their taxes.
The current administration got rid of that program. It looks like someone posted the source code that was used to file your taxes.
I guess someone could modify this code so it could be used in a limited way in the future, but it would require constant updates as the tax code changes.
Yeah but changes to the tax code are incremental. If this contains a foundation-layer framework for calculating taxes, it’s a huge bootstrap to just do the YoY changes as opposed to building up.that foundation.
My point is that a tax expert will need to actually do it.
At least this can save a lot of time for those tax accountants