I'm good in arithmetic and math. My accountant does my taxes. She's amazingly inexpensive. She's also my "estate" (ha ha) lawyer.The advent of IRA forced payouts made me abandon TurboTax.
Taxes are not math they are polito-arcany. Anything you would have learned in high school would be wrong now, anyway. Parallelograms and their geometry remain the same.
They couldn't teach "Taxes", because it changes every year. And besides, according to the foil hat folks, "They" don't want you to know how to do it anyway!
I'm awful at math... thank God for calclulators! (I seriously cannot think of the last time geometry was of any use to me, either.) And tax forms serioiusly need to be simpler for those of us who don't have much money. I refuse to incur the expense of paying to file, and it took me hours. It shouldn't be rocket science. Self-employmet tax even for a small amount of erarnings is a real pain. And why the bleep they tax Social Security and pension income is beyond me. It would seem that by the time you hit a certain age, you should be exempt from taxes if you make under $50K.
Even Reagan and Obama would have agreed that filing your taxes should be easier...So why isn't it? SUBSCRIBE to get the latest truTV content: http://bit.ly/...
Even my slightly complicated taxes take no more than an hour, most of that is looking for the folder with the accumulated 1099's and stuff. I am not a fan of the 2017 tax stuff, but it made it even easier. Even though it makes itemized deductions worth very little. I will go through the motions again this year. They should be teaching kids the pitfalls of EZ credit, the cost of interest, and that They Are Out To Get You ( for every dollar they can get ). Very unamerican/woke stuff.
Sorry for you guys. I had the right education. In high school we had 3 years of Financial Math. By the age of 17, or earlier, I knew all about compound interest, mortgages, annuities, etc.
Came in handy many times when I started planning for retirement in my late 30s or early 40s, and more so when I retired.
Arithmetic is not the same thing as math and schools should teach both. Arithmetic is applied math and covers such important topics as addition, multiplication, exponentiation, finance, accounting, statistics, derivatives, integrals, etc. Math is the study of abstract structures; taught properly, it is the study of how to think straight.
Taxes are part of arithmetic (arithmetic meets law) and geometry is part of math.
Lee Rothstein
in reply to Joyce Donahue • • •I'm good in arithmetic and math. My accountant does my taxes. She's amazingly inexpensive. She's also my "estate" (ha ha) lawyer.The advent of IRA forced payouts made me abandon TurboTax.
Taxes are not math they are polito-arcany. Anything you would have learned in high school would be wrong now, anyway. Parallelograms and their geometry remain the same.
Shaun Griffith
in reply to Joyce Donahue • • •Joyce Donahue
in reply to Joyce Donahue • • •Sam Smith
in reply to Joyce Donahue • • •https://youtu.be/Fj4anUL-LvY?si=IvXlCJ6qqh36QjYr
Adam Ruins Everything - The Real Reason Taxes Suck (And Why They Don't Have To) | truTV
YouTubeMark Wollschlager
in reply to Joyce Donahue • • •I am not a fan of the 2017 tax stuff, but it made it even easier. Even though it makes itemized deductions worth very little. I will go through the motions again this year.
They should be teaching kids the pitfalls of EZ credit, the cost of interest, and that They Are Out To Get You ( for every dollar they can get ). Very unamerican/woke stuff.
Alex Feldstein
in reply to Joyce Donahue • • •Sorry for you guys. I had the right education.
In high school we had 3 years of Financial Math. By the age of 17, or earlier, I knew all about compound interest, mortgages, annuities, etc.
Came in handy many times when I started planning for retirement in my late 30s or early 40s, and more so when I retired.
Joyce Donahue
in reply to Joyce Donahue • • •John Hummel
in reply to Joyce Donahue • • •Arithmetic is not the same thing as math and schools should teach both. Arithmetic is applied math and covers such important topics as addition, multiplication, exponentiation, finance, accounting, statistics, derivatives, integrals, etc. Math is the study of abstract structures; taught properly, it is the study of how to think straight.
Taxes are part of arithmetic (arithmetic meets law) and geometry is part of math.