Business Tax Compliance and Complexity

The full cost of a tax system is more than simply the amount of tax paid. It also includes the cost of tax planning and paperwork. Economists call these “tax compliance” costs, and the IRS estimates Americans spend 6.6 billion hours per year filling out tax forms—including 1.6 billion hours on the 1040 form alone.


Related Articles

Louisiana Fiscal Session Finishes Strong with Tax Reform

June 11, 2021

Taxing Consumption Progressively Is a Better Way to Tax the Wealthy

June 8, 2021

Tax Foundation Webinar Recaps the Complexities of the 2021 Tax Filing Season

May 25, 2021

How Biden’s Corporate Tax Increases Could Make Tax Enforcement Harder

May 18, 2021

States Consider Digital Taxes Amidst Conflicting Rationales

May 10, 2021

Location Matters 2021: The State Tax Costs of Doing Business

May 5, 2021

Tax Policy in the First 100 Days of the Biden Administration

April 30, 2021

Options for Reforming America’s Tax Code 2.0

April 19, 2021

President Biden’s Infrastructure Plan Raises Taxes on U.S. Production

March 31, 2021

Facts and Figures 2021: How Does Your State Compare?

March 10, 2021

Join Us for a Free “State Tax Policy Boot Camp”

February 12, 2021

Maryland’s Digital Advertising Tax Is Unworkably Vague

February 10, 2021

Wisconsin’s PPP Loan Recipients Face Hundreds of Millions in Surprise Taxes

January 29, 2021

Pandemic Highlights the Need for Better Tax Policy for Entrepreneurs and Small Businesses

December 21, 2020

Taxes and New York’s Fiscal Crisis: Evaluating Revenue Proposals to Close the State’s Budget Gap

December 8, 2020

What Federal Policymakers Can Learn from Business Tax Refunds in 2020

December 4, 2020

Poland Borrows an Idea from Estonia’s Tax System, but Misses the Point

December 2, 2020

Patent Box Regimes in Europe

November 26, 2020

Potential Regulatory Changes in Tax Policy Under the Biden Administration

November 24, 2020

Does Your State Have a Throwback or Throwout Rule?

October 7, 2020