Tax Guru-Ker$tetter Letter
Sunday, April 14, 2002
Tax Simplification - Not
If anyone needs a reminder of what a mess our rulers in DC have created, here's an interesting summary.
It includes a point I was making with a client yesterday. If anyone gripes about how long it takes their tax pro to prepare their tax return, just take a look at the official time that IRS itself says a tax return should take, as shown in their instruction booklets. For a 1040, IRS claims the average person should expect to spend 28 hours. Paying a CPA for two or three hours of time doesn't look so bad now, does it?
KMK