Simplify Tax Paying

There is talk that Congress will revise the Income Tax laws.  Usually these revisions make filing tax returns more complicated.

If the majority of Americans continue to want the IRS to collect income taxes, lets at least reduce the burden on the typical American.

Currently the system requires the individual to file tax returns. The IRS then compares the information you provided with W-2, 1099’s, Mortgage Payments etc they receive from third parties, and decide whether to bother you, or send you a refund.

How about doing it the other way. Let the IRS compute what they think your income taxes should be based on the information they collect, then send you a statement. If you agree with their calculations, then pay the amount owed or ask for a check for the over-payment. If you disagree with their statement then file a return stating what you think is the proper amount.

 

 

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *