From the article:
Three of the four top lawmakers on the Senate Finance and House Ways and Means committees, which are in charge of writing tax laws, pay a professional to file their annual tax returns with the Internal Revenue Service.
And,
According to IRS statistics, that makes these members of Congress much like the public. More than 60 percent of taxpayers turn to a paid professional to prepare their returns. The number typically increases a little each year.As long as Congress doesn't reform the tax system (and I expect that the chances of that are rather slim), I should be able to repay those student loans I'm going to have to get relatively quickly...
2 comments:
I'm taking Federal Income Tax next semester. I can't wait. I bet tax lawyers don't do their own taxes (but then, can you blame them-- after doing everyone else's they must be sick of it).
I don't know about tax lawyers, but I know that tax accountants do their own taxes. The ones at my firm were all excited Friday/Saturday when they could finally say, "The only one left is my own!" (I guess they get to use the tax software for free for their own returns... not a bad job perk!)
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