Monday, April 24, 2017

Elizabeth Warren wants to make your taxes simpler, but tax preparers won’t let her

Tuesday is the deadline by which Americans have to send the IRS their income tax returns after having spent, according to the Tax Foundation, a cumulative 2.6 billion hours completing them. That time gets spent on keeping good records, scrounging together paperwork, and then filling out the actual forms.

This time suck is not necessarily because the tax code is complicated, however. It’s because of the way Americans have to complete their taxes — something that could be much simpler if the tax preparation industry would get out of the way. And it’s a process that Elizabeth Warren wants to change....
https://thinkprogress.org/elizabeth-warren-tax-preparation-intuit-e2df8036ac25

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