Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[kepp]

I searched the forum and this thread and didn't find specific threads or answers to this...what online tax service do you guys recommend?

I've used TurboTax for quite a few years, but there was an article I read in the last couple of months that detailed how Intuit lobbies congress to basically keep the tax code needlessly complex, thus increasing the perceived need for their software. In light of that, I'd like to switch to someone else if there are other good options.

The top alternatives I'm finding are H&R Block, and Jackson Hewitt. Has anyone used those or any other alternative you would recommend?

[htismaqe]

Originally Posted by kepp

I searched the forum and this thread and didn't find specific threads or answers to this...what online tax service do you guys recommend?

I've used TurboTax for quite a few years, but there was an article I read in the last couple of months that detailed how Intuit lobbies congress to basically keep the tax code needlessly complex, thus increasing the perceived need for their software. In light of that, I'd like to switch to someone else if there are other good options.

The top alternatives I'm finding are H&R Block, and Jackson Hewitt. Has anyone used those or any other alternative you would recommend?

Pretty sure all the major players engage in the same behavior. I know H&R does.

[Buehler445]

Originally Posted by kepp

I searched the forum and this thread and didn't find specific threads or answers to this...what online tax service do you guys recommend?

I've used TurboTax for quite a few years, but there was an article I read in the last couple of months that detailed how Intuit lobbies congress to basically keep the tax code needlessly complex, thus increasing the perceived need for their software. In light of that, I'd like to switch to someone else if there are other good options.

The top alternatives I'm finding are H&R Block, and Jackson Hewitt. Has anyone used those or any other alternative you would recommend?

If you're just a W-2 filer, I'd use IRS free file. I don't know what state you're in but Kansas is pretty easy if you are a W-2 filer.

[DaFace]

I still use TurboTax. Yeah, the company isn't great, but for doing the actual job and doing it well, I've liked it enough to stick with it for years.

I've heard good things about FreeTaxUSA as an alternative, but I didn't love their online interface. It'd be nice to save the $80/year (I get the Home and Business version due to my wife's consulting work), but that's not going to make or break me.

[UteChief]

Intuit and H&R Block are the easiest. I agree with not wanting to use them because of how they affect the tax code. Unless you have a difficult tax situation you may be able to use a free service. I find Intuit is easiest for me, unless I find an accountant and they are twice as much.

[Buehler445]

I thought this was an interesting video. Not that it has anything to do with investing, but I thought it was interesting and relevant to personal finance.

[UteChief]

I enjoyed the video and agree with what it says. I’m tired of shitflation. I’ve just started consuming a lot less and doing more myself.

[BigRichard]

Originally Posted by UteChief

I enjoyed the video and agree with what it says. I’m tired of shitflation. I’ve just started consuming a lot less and doing more myself.

Yep yep....

[Buehler445]

Originally Posted by UteChief

I enjoyed the video and agree with what it says. I’m tired of shitflation. I’ve just started consuming a lot less and doing more myself.

Yeah, I have too. I just work entirely too many hours to move the needle on doing shit myself more.

[TinyEvel]

What types of things are you doing more yourself?

[RunKC]

Can’t believe Tesla is still rocketing. All time high and still going!

[Rain Man]

Originally Posted by RunKC

Can’t believe Tesla is still rocketing. All time high and still going!

I was meaning to comment on this. We'd speculated in some recent posts that TSLA might go up a lot given Musk's close relationship with the incoming president.

Oddly, the president seems to be negative on electric cars, but TSLA has been blasting out of the atmosphere. Setting aside theories on upcoming graft, I wonder if it's because some big tariffs may be targeted toward Chinese EV imports.

[Rain Man]

Originally Posted by TinyEvel

What types of things are you doing more yourself?

For a variety of reasons, I seldom go to restaurants these days. I used to eat out probably five meals a week, and now (unless I'm traveling) it's probably two meals a month.

Restaurant food has become quite expensive and the quality has declined. It's not worth it any more other than a few places that are bucking the trend.

[-King-]

Originally Posted by Rain Man

I was meaning to comment on this. We'd speculated in some recent posts that TSLA might go up a lot given Musk's close relationship with the incoming president.

Oddly, the president seems to be negative on electric cars, but TSLA has been blasting out of the atmosphere. Setting aside theories on upcoming graft, I wonder if it's because some big tariffs may be targeted toward Chinese EV imports.

No it's because I sold a bunch of shares early in the year.

You're welcome guys.

[GloryDayz]

Man oh man has Wall Street had some hard days recently.