This Company Is Fighting to Keep Your Taxes Complicated

We are less than a week away from the tax-filing deadline. Wouldn't it be great if you didn't have to submit anything, your taxes were done for you -- for free -- and you just had to make sure nothing was wrong with them?

It's not a dream. That's the idea behind "return-free filings," where the IRS would prepare your tax filing for you. While not everyone would qualify, those with simple taxes wouldn't have go through all the hassles that come about every tax season.

One of the groups leading the charge against "return-free filings" is Intuit , maker of the popular tax preparation software TurboTax, an investigation by ProPublica found.


In the below video, Motley Fool contributor Dan Dzombak explains return-free filings and the arguments for both sides.

Taxes aren't the only thing that need to be made simpler. Warren Buffett recently referred to another sector as "the tapeworm that's eating at American competitiveness." To find out more, check out The Motley Fool's free report: What's Really Eating at America's Competitiveness. Besides learning more, you'll  discover an idea to profit as companies work to eradicate this efficiency-sucking tapeworm. Just click here for free, immediate access.

The article This Company Is Fighting to Keep Your Taxes Complicated originally appeared on Fool.com.

Fool contributor Dan Dzombak can be found on Twitter @DanDzombak or on his Facebook page, DanDzombak. He has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Intuit. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Learn about investing from the comfort of your own home.

Portfolio Basics

Take the first steps to building your portfolio.

View Course »

Investment Strategies

Learn the strategies you need to build a winning portfolio

View Course »

Add a Comment

*0 / 3000 Character Maximum

2 Comments

Filter by:
Peter

And where is HR Block mentioned in the article? I saw Intuit, not Block.

April 10 2013 at 9:54 PM Report abuse rate up rate down Reply
Peter

and where is HR Block mentioned in the article itself? Intuit was mentioned, not Block

April 10 2013 at 9:52 PM Report abuse rate up rate down Reply