The Most Expensive Tax Return!

Thursday April 21, 2022 – The Biden Build Back Better Plan is still being pushed by some in Congress. You can predict, right after Tax Day, 2 things: First, the IRS will ask for more money to preform their duties (we covered that yesterday). Second, we should give the IRS more power to make filing easier.

One can find a plethora of stories detailing how cheap it is in other countries to prepare taxes. “In Sweden, you get a text message,” “In Croatia it takes five minutes.” The one element these stories leave out – is government control. If the government controls every aspect of citizens lives and has these details readily available, the government can make these decisions for the citizens.

It may be cheaper – out of pocket for taxpayers – the real cost is much more. There is an old saying – if you want to make something really expensive – make it FREE.

Attorney Steven A. Leahy discusses these issues on Today’s Tax Talk.

https://www.bloomberg.com/news/articles/2022-04-21/crypto-billionaire-rankles-wall-street-with-futures-trading-plan

Steven A. Leahy is a tax attorney in Illinois. He is the host of the long-running popular Radio Show “The IRS Radio Hour” heard every Sunday evening on AM 560 The Answer. Attorney Leahy is also the author of the book “Deal With Your IRS Problems Today!” You can get a FREE copy of this important book at FreeIRSBook.com. Or Call 24/7 (312)664-6649

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