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"We will continue our efforts to reduce
burden on taxpayers and simplify
tax code."
Can you believe it? This lady, and I mean no disrespect here toward Ms. Olson - I'm sure she's a hard-working government employee who does a great job, but this lady, in my humble opinion, has her head in
sand, as do virtually all politicians and other government authorities who have created
ungodly monster know as
Internal Revenue Code.
The IRS changes one little rule that removes one form from only 15% of all returns filed - and this gives
IRS
right to think that they are reducing
burden on taxpayers??? (Keep in mind that there are over 100 million tax returns filed every year. So, if this Schedule B rule change affects 15 million people, that's a measly 15% of all tax returns filed.)
C'mon - what is wrong with this picture? Do you get my point?
Taking away one lousy form from a small percentage of tax returns filed - how is that reducing
burden on taxpayers? It's not! It's a drop in
bucket. It's peanuts. It doesn't even come close to making an impact on
incredible burden that taxpayers have each year on April 15.
Furthermore, how does this one little change "simplify
tax code"? I am appalled that a government official would even use
phrase "simplify
tax code". We have never had tax simplification. Never. Never ever! Since 1913, when
tax code was first implemented, there has been nothing but tax complications, never tax simplifications.
The rules only get more and more complicated. Tax laws only get more and more complex. The Tax Code just gets bigger and bigger. Don't let
politicians' hype fool you. Never for a minute should you believe
government when they say that they are trying to "simplify
tax code."
So, what's
average taxpayer to do? If
tax rules just get more complicated, how are you supposed to make any sense out of all this mess?
You only have 2 options, as I see it. One I offer tongue-in- cheek,
other is "words-to-live-by."
OPTION #1: Become a Tax Professional and prepare hundreds of tax returns every year. That's
only way I know for you to become sufficiently knowledgeable in
crazy world of U.S. taxation. Obviously, this is not a viable option for 99.9% of
population. But you get
point.
OPTION #2: Hook up with a Tax Professional. Find someone else who does tax returns for a living. Not your "family tax preparer", you know, Uncle Fred who likes doing returns and so offers to do yours for free. But an experienced tax person who does hundreds of returns every year and can help you make sense out of
most nonsensical collection of rules on
planet.

Wayne M. Davies is author of the new eBook, "The Tax Reduction Toolkit: 29 Little-Known Legal Loopholes That Will Reduce Your Taxes By Thousands (For Small Business Owners and Self-Employed People Only!) Don't file another tax return until you visit: http://www.YouSaveOnTaxes.com/toolkit.html