Individual 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.

Does Your State Have an Individual Alternative Minimum Tax (AMT)?

August 18, 2021

Striking Right Balance for Cryptocurrency Reporting Requirements in Bipartisan Infrastructure Package

August 6, 2021

Return-Free Filing: A Better Fit for a Better Tax Code

August 5, 2021

Here’s How Louisiana’s Tax Plan Would Simplify the Tax Code and Benefit Residents

August 2, 2021

Simplifying the Tax Code and Reducing the Tax Gap: What Can Be Achieved?

July 28, 2021

Households Earning $75,000 or Less Paid Majority of Individual Mandate Penalties

July 21, 2021

Census Data Shows Households Saved Economic Impact Payments

July 13, 2021

Unanswered Questions about Upcoming Advance Child Tax Credit Payments

July 7, 2021

Exploring How Remote Work Could Impact the Way Countries Tax Individuals

July 6, 2021

What’s in Arizona’s Tax Reform Package?

July 1, 2021

The Impact of the Biden Administration’s Tax Proposals by State and Congressional District

June 30, 2021

How the Tax Code Handles Inflation (and How It Doesn’t)

June 28, 2021

Tracking the 2021 Biden Tax Plan and Federal Tax Proposals

June 16, 2021

Details and Analysis of President Biden’s FY 2022 Budget Proposals

June 16, 2021

House and Senate Proposals Would Make Incremental Reforms to Retirement Savings

June 15, 2021

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

A Closer Look at Eliminating the AMT