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#33 Intuit & TurboTax: The Reason For The Expensive Tax Season + Income Transparency
Manage episode 412661579 series 3561977
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Happy Tax Day, Fox Den! In today’s episode, Vee explains the sordid history of Inuit’s TurboTax “free file” tax preparation service and why Intuit has thwarted the IRS’s efforts of creating a government-run free file system for the American public.
In this episode you’ll learn more about:
- How lobbying and political donations have stopped the creation of a public-wide free file program (Thanks, Citizens United)
- The lawsuit that cost Intuit $141m + propelled an IRS sponsored free file system
- What’s going on with the IRS free file beta testing
- Vee and Joe’s personal AGI (Adjusted Gross Income), Vee’s business income + more
RESOURCES:
- 30-Day Money Challenge
- 1:1 Financial Coaching Services
- OnlyFoxes closed community
- Monthly Newsletter
SHOW INFORMATION:
For Fox Sake is a personal finance podcast focused on helping you navigate late-stage capitalism through sustainable budgeting and realistic advice. We actively deconstruct money shame, share real and relatable finance stories, and discuss financial literacy that makes sense for a 2024 world.
HOST BIO:
Vee Weir is an award-winning, anti-capitalist personal finance content creator and business owner. Her main focus and mission is to challenge common money myths, dismantle barriers preventing access to financial information and examine how capitalism negatively impacts the working class.
In the past 8 years, Vee has amassed a following of over 35k+ online and has been featured in Forbes, Business Insider, CNBC, and more.
When she’s not online she spends her time hiking with her husband and three dogs in the Rocky Mountains of Colorado.
HOST SOCIAL MEDIA:
DISCLAIMERS:
- This show may contain affiliate links or links from advertisers where we earn a commission, direct payment or products.
- Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice.
- The views and opinions expressed by guests on this platform are their own and do not reflect the views or opinions of the institutions with which they are affiliated. Any information provided by guests is intended for informational and discussion purposes only. It is important to note that individual perspectives may vary.
- The hosts and the platform do not endorse or validate the opinions expressed by guests regarding their respective institutions. Listeners are encouraged to independently verify any information provided and to form their own opinions based on a comprehensive consideration of various perspectives.
- Opinions are our own.
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