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by frankfrankfrank
1508 days ago
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Not even that. Just consider how long it took for the government to make any kind of movement on the issue, regardless of whether it was some likely watered down toothless action or not. So, retroactively the cost was some fraction of $141M over the years they've gotten away with their practices and it is also safe to assume that they would likely just offset that cost over some period into the future, i.e., 10 years of past profit + 10 years until the mid point to the next government action, over $141M ... which they will make up by upping the price as they have clearly been doing on a regular basis. On that note. We should be telling everyone about freetaxusa.com (no affiliation other than having tried it). I can't recall the exact cost structure, but it's on the order of $25 to do federal and state returns with investment income, and file both electronically. That's in comparison to what I think is around $100 for the equivalent using TurboTax. |
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