Taxes Get More Taxing Every Year!
By Amy K. Frantz
We have all recently filed our income taxes (or at least we should have!) and we know how time consuming it was, personally, to gather the appropriate records and receipts, fill out and file the forms, or work with professionals to do the filing for us. What is the impact of this complexity nationwide? National Taxpayers Union Foundation (NTUF) has just published its annual report on this topic, Tax Complexity 2017: As the Burden Grows, Taxpayers’ Patience Shrinks, by NTUF Director of Research Demian Brady. Unfortunately, the conclusion is that the burden of paying our taxes continues to rise. Here are some of the findings from the NTUF report: