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America’s Biggest Tax Scam May Finally End

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Manage episode 422374967 series 3349109
Kandungan disediakan oleh The Lever Podcasts and The Lever. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh The Lever Podcasts and The Lever atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

Is the TurboTax era over? Recently, the IRS announced they plan to roll out a free program that will let Americans directly file their taxes online without using expensive tax-assistance programs. The move could have happened more than two decades ago, if not for corporate lobbyists. Today on Lever Time, we look at the 20-year war waged by tax-prep companies like Intuit and H&R Block to stop the government from letting people file online for free.

In the early 2000s, alarmed by calls from the George W. Bush White House to create a public tax filing platform, Intuit, the parent company of TurboTax, went on a lobbying blitz. The government agreed to back down, but only if tax-prep companies allowed low-income taxpayers to file for free. On paper, the tax-prep firms agreed — but in reality, they used deceptive tactics to manipulate taxpayers into paying for their software.

  continue reading

121 episod

Artwork
iconKongsi
 
Manage episode 422374967 series 3349109
Kandungan disediakan oleh The Lever Podcasts and The Lever. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh The Lever Podcasts and The Lever atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

Is the TurboTax era over? Recently, the IRS announced they plan to roll out a free program that will let Americans directly file their taxes online without using expensive tax-assistance programs. The move could have happened more than two decades ago, if not for corporate lobbyists. Today on Lever Time, we look at the 20-year war waged by tax-prep companies like Intuit and H&R Block to stop the government from letting people file online for free.

In the early 2000s, alarmed by calls from the George W. Bush White House to create a public tax filing platform, Intuit, the parent company of TurboTax, went on a lobbying blitz. The government agreed to back down, but only if tax-prep companies allowed low-income taxpayers to file for free. On paper, the tax-prep firms agreed — but in reality, they used deceptive tactics to manipulate taxpayers into paying for their software.

  continue reading

121 episod

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