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Jul 17Paying Taxes on Technical Debt
by in Feature Articles on 2017-08-29In the U.S., individuals are expected to file federal and state tax returns once a year by April 15. The tax forms are quite complicated, and have all sorts of sub-forms and schedules to support and detail the numbers on the main form. The tax code of the U.S. is approximately 74,000 pages of special cases.
For many items, the same data needs to be entered on multiple forms, usually as the starting point for different calculations that depend upon the same information; these are duplicated again on both federal and state returns. It follows that tax preparation software needs to put the relevant numbers in all the places that they are needed.
