Tax Time

For nearly all of Americans today is the last day to file your taxes with the Federal, State, and local government. I was listening to the radio today and they were mentioning that there is a line to get to the post office. So I began to wonder why the government does not change the process in which we file taxes. Recently the government changed the process on how they were going to pay out SSI each month to even out the distribution of payments and work streams. Unfortunately there has been no change to the way we file our taxes. Let's think about the advantages of having a tax filing system that takes place based off of your birth month.

Advantages

• Accountants do not have to cram 12 months of work into 3 months
• Small Business owners do not have to file extensions every year costing them more money
• Government has a regular stream of income (incoming and outgoing) all year
• Car dealerships can offer rapid refund options car buying discounts all year long (my favorite marketing plan)
• CPA's can enjoy March Madness, Opening Day, and the Masters
• Government does not have to hire temporary work just to review documents
• US Postal Service does not go "postal" on customers due to lengthy lines

Sure there are advantages and disadvantages to any idea but this seems like a production function that could be streamlined. Lastly and most importantly thank your CPA for a job well done. Make it a point to send them referrals (as if they were not busy enough). Do not think for one second because it is April 16th they are on the golf course and do not have anything else to do for the next 9 months. They are now taking care of all of the clients they have not been able to talk to for the last 3 months.