No one likes spending hours filling out all the complicated forms that make up a tax return. Even taxpayers with relatively simple returns either buy tax preparation software or pay a professional tax preparer to do their taxes for them. Either way, it takes a lot of time, effort and money to comply with our insanely complicated and convoluted tax code. So, it’s no wonder that the thought of doing your taxes in five minutes sounds really good to most people.
But not so fast. There’s a lot more to that story. In this week’s edition of FAIRtax Power Radio, the FAIRtax Guys dig into an article published in Business Insider and examine just what other little “goodies” will come with a five minute tax return.