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11min chapter
DOGE Goes After TurboTax & Remote Work
The Accounting Podcast
Tax Filing Challenges and Legislative Dynamics
This chapter analyzes the recent stock declines of tax preparation companies H&R Block and Intuit, focusing on their dependency on TurboTax revenues and its implications on the tax filing landscape. The speakers discuss the need for automating tax processes to reduce the significant time Americans spend on filing taxes, while also reflecting on the political climate and IRS policy changes affecting these companies. Additionally, the chapter delves into the conflicting views on tax responsibility and operational changes within federal employment, highlighting broader shifts in government accountability and efficiency.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode