Metropolitan Digital

Men's Weekly


.

Tax returns waste everyone's time – but there's an easy solution the tax preparation industry and some lawmakers don't like

  • Written by Garth Heutel, Associate Professor of Economics, Georgia State University
Tax returns waste everyone's time – but there's an easy solution the tax preparation industry and some lawmakers don't likeCongress designed a complicated tax system.AP Photo/Keith Srakocic

Each year hundreds of millions of Americans file their personal income tax returns using a form 1040.

The average American spends eight hours and US$110 doing so. Much of that money goes to professional tax preparers and software companies. Much of that time is spent entering...

Read more: Tax returns waste everyone's time – but there's an easy solution the tax preparation industry and...

Metropolitan republishes selected articles from The Conversation USA with permission

Visit The Conversation to see more