In the midst of historic partisanship and inaction, our Congress has an unprecedented opportunity to get something done that benefits everyone. The mandate to reform our broken tax system transcends traditional political alliances. The first step toward true reform is simplification of our overly complex and burdensome tax code.
During my 30-year career in public accounting, my primary responsibility was assisting clients with their income tax filing requirements. The tax code has grown so complex, I found it was not uncommon for individuals to get conflicting advice from different tax professionals.
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