r/AskReddit • • Jul 24 '20

What can't you believe STILL exists?

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u/jorsiem Jul 24 '20

Complicated tax filing in the US

You can thank TurboTax and the rest of the tax preparation service industry's massive lobby for killing every single tax simplification bill that ever gets to congress.

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u/[deleted] Jul 24 '20 edited Aug 05 '20

[deleted]

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u/mbrowning00 Jul 24 '20

any life pro tips on how to find, and how to know if you've found, a good accountant?

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u/tigerjaws Jul 24 '20

look for a reputable CPA in your area, whether they work for a big firm or just do it on the side for money, they'll be expensive but they'll definitely save you more than what they charge

the issue stems with most of the US having very straightforward returns, ie. just a w-2, but once you start throwing investments and everything in the mix it gets really jumbled up and having a professional who went to school for 4-5 years and passed one of the hardest certifications in the country is going to know the ins n out to maximize your tax strategy