Tax
Apr. 16, 2011
Reform Won't Endanger Tax Lawyers
As senators work to overhaul the tax code, experts say all but the most radical reform would pose no existential threat to the livelihood of tax lawyers.
Daily Journal Staff Writer
WASHINGTON - One of the consequences of the infamously sprawling and convoluted U.S. tax code is that it creates work for attorneys. A lot of work.
Individuals and businesses spend 6.1 billion hours each year complying with tax-filing requirements, according to an analysis of Internal Revenue Service data in the National Taxpayer Advocate's 2010 report to Congress. That makes "tax complianc...
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