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Have you ever done a 990? I don’t mean “paid for one” but I mean truly sat down and did it? It’s ridiculous and each ridiculous line has more baggage attached t

by whb07 9y ago

Have you ever done a 990? I don’t mean “paid for one” but I mean truly sat down and did it? It’s ridiculous and each ridiculous line has more baggage attached to each. So to you, I tell you that the tax code for the US is significantly bigger than the tax return a private individual like yourself files yearly [0]. Tax liabilities should be a simple event and should not require a tax professional and other accounting tricks to lessen the burden. In the current environment, those who pay top dollar for tax lawyers and accountants are able to maximize their taxes. The small business and individual is left a higher regulatory burden and are forced to eat the costs. A regular person should be able to properly pay taxes in a quick, clear and efficient manner. It shouldn’t require a professional who’s job it is to deal with the gross mismanagement of government. [0]:https://taxfoundation.org/how-many-words-are-tax-code/ https://taxfoundation.org/how-many-words-are-tax-code/

vonmoltke 9y ago
> Have you ever done a 990? I don’t mean “paid for one” but I mean truly sat down and did it? It’s ridiculous and each ridiculous line has more baggage attached to each. No, but your post was about individual taxes. Form 990 is only filed by non-profit organizations, which certainly do not fit the formulas for individuals you posted above. > So to you, I tell you that the tax code for the US is significantly bigger than the tax return a private individual like yourself files yearly. Your initial post was referring to individuals, so that is what I was replying to. You are being disingenuous by talking about corporate tax code complexity next to burdens on individuals. > A regular person should be able to properly pay taxes in a quick, clear and efficient manner. It shouldn’t require a professional who’s job it is to deal with the gross mismanagement of government. Like I said, it can be better. However, I have never used a tax professional. The burden is not nearly as great on individuals and small businesses as you are claiming, as evidenced by you talking about 990s (which do not apply to individuals and small businesses) and the overall tax code(the vast majority of which does not apply to individuals and small businesses).

by whb07 9y ago

vonmoltke 9y ago

> Have you ever done a 990? I don’t mean “paid for one” but I mean truly sat down and did it? It’s ridiculous and each ridiculous line has more baggage attached to each. No, but your post was about individual taxes. Form 990 is only filed by non-profit organizations, which certainly do not fit the formulas for individuals you posted above. > So to you, I tell you that the tax code for the US is significantly bigger than the tax return a private individual like yourself files yearly. Your initial post was referring to individuals, so that is what I was replying to. You are being disingenuous by talking about corporate tax code complexity next to burdens on individuals. > A regular person should be able to properly pay taxes in a quick, clear and efficient manner. It shouldn’t require a professional who’s job it is to deal with the gross mismanagement of government. Like I said, it can be better. However, I have never used a tax professional. The burden is not nearly as great on individuals and small businesses as you are claiming, as evidenced by you talking about 990s (which do not apply to individuals and small businesses) and the overall tax code(the vast majority of which does not apply to individuals and small businesses).