Imagine getting a form from the IRS telling you how much you owe in taxes, reviewing it and clicking send. Your taxes would done in about five minutes.
An easier form to file taxes has been championed by both Republicans, like Ronald Reagan, and Democrats, like President Obama, and is a common practice in other countries. But an easier version of the 1040EZ may not make its way to the U.S. anytime soon.
In recent years, senators in Congress have proposed legislation requiring the IRS to give taxpayers a pre-prepared income tax return form along with a one-page summary of how much the federal government spent that year. But those senators have a major hurdle to contend with: Tax preparation companies, which are spending millions on lobbying Congress, ProPublica reported in March.