Windows Version Requirements Going Forward

[M-MTax]

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@docjon49 wrote:

Of course, IF the government would do away with or simplify the tax code then we wouldn't need CPA's or Tax program.

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Yep and I'll get hate mail for this but:

Keep the current corporate tax rate, payroll tax, and estate/gift tax. Levy a tax on annual incomes over $1 million only and institute a 20% national sales tax (exclude food, medical, housing).

[cwr64]

I bought the Block sw for $34 on Stack.  I did most of my return and it suddenly said I owed $5000 where for several years with TT I got a $300 refund.  My income and other stuff has hardly changed, including my RMD's.  Perhaps I made some mistake but I don't know what.  I took my stuff to a local and very experienced and well recommended tax preparer who uses Intuit's professional sw and for her $250 tax prep service, I am getting back over $700.

[user17634017183]

What innovation were you refering to?

[docjon49]

Am glad you did not pay 5K! 
TT is a good program, I just don't like the business direction they are taking.
Best wishes.

[docjon49]

No hate mail, but we disagree on estate/gift tax and especially on 20% national sales tax.

[M-MTax]

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@docjon49 wrote:

No hate mail, but we disagree on estate/gift tax and especially on 20% national sales tax.

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What? Keep the estate/gift tax or dump it? I don't really care either way, fwiw.

The national sales tax is intended to capture everything that falls through the cracks, which is now in the (almost countless) billions annually. There doesn't appear to be any way to recover the dollars that are a result of the underground economy or people simply not paying what they owe.

[docjon49]

Do appreciate the people in the shadow economy are screwing the rest of us, and I do believe the shadow economy is rampant.
Don't want to go too far off course; if we can eliminate the obvious government waste and out and out fraud, we can go a long ways to fixing our economy. Income tax was a temporary thing prior to 1913 and our budget was balanced by taxing things like whiskey.
Anyway, death and taxes will never go away. Turbo Tax will go to the cloud, and we will still fuss about it.