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A taxpayer's struggle

January 17, 2014

'Tis the season — for filing taxes. While some taxpayers have been preparing for that April deadline since last year, others may continue to wait for a tax-inspired revelation to begin collecting their forms and data.
Certified Public Accountant Ron Kremer, assistant professor of accounting at Wright State University Lake Campus, said he understands taxpayers frustrations with tax filing, particularly with the Federal Income Tax.

"There are so many forms we need to fill out now," Kremer said about the Federal Tax returns he mails for clients. "When I first started doing taxes, you could just take a simple stapler to go through [the paperwork]. Over the years, I had to start pounding on the stapler. Then, I had to get a bigger stapler to go through that. Now, what I'm doing is using binder clips because the staples won't go through."

Part of the reason for the added forms is due to an increased dependency on computer software, Kremer said.

"Because we don't have to do it by hand and it does it all for us, internal revenue says 'just add another form,'" Kremer said. "The returns have become more complex, with many more pages compared to previous years, and it's because of the computers."

Adding to the confusion, Kremer said congress continues to implement new laws that affect taxpayers.

"Congress tries to accomplish different things with taxes," Kremer said. "For example, child care expenses take part as a credit in order to encourage people to have babysitters rather than leaving the children home. There are energy credits because we want to encourage people to be efficient in heating their homes."

Kremer mentioned how, with businesses, congress wants to encourage investment in economic development by encouraging people to write off a significant amount of money on equipment for business.

"All of those aspects come into play, and congress keeps implementing all those little bits, and thus becomes more complex," Kremer said.

While he said some single individuals are able to file their own taxes online, he said most people are seeking professional help.

For the full story, see the Saturday, Jan. 18 edition of the Wapakoneta Daily News.

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