Until we can pass the Fair Tax, there are two little words that will strike fear into the hearts of Americans all across the country: Tax Day. And, unfortunately, it's just around the corner. As you struggle through this tax season, I think we can all agree we need to simplify our tax code. The top 10% of income earners pay more than 70% of the income tax collected, while about half of Americans pay no income tax at all. The U.S. Tax Code has grown to more than 70,000 pages of complex tax law the average American can't understand. That's why I support the Fair Tax. The Fair Tax would replace the complex income tax system with a national sales tax. This would eliminate the time and expenses associated with filing your tax returns each year and would create a fairer tax system where all Americans contribute. You can learn more about the FairTax by visiting www.fairtax.org.
Until we can get the support we need to pass the Fair Tax, there are a few things I wanted to remind everyone of in anticipation of Tax Day.
- Federal returns are available online at www.irs.gov and state returns are available at https://etax.dor.ga.gov.
- There are hundreds of different tax credits and deductions available on both the federal and state level. Before filing, make sure to do your research and learn about all of the options available to you.
- Don't wait until the last minute! Waiting until the last minute can cause you to rush, resulting in mistakes. So make sure to give yourself plenty of time. Also, double-check your math, and verify all Social Security numbers on your return. These are the two most common errors on tax returns.
- E-Filing is the easiest, fastest way to file your tax returns. E-filing catches math problems, provides confirmation your return has been received and gives you a faster refund.
If you have a problem or question, remember the IRS and the Georgia Department of Revenue are there to help. For federal tax return questions, visit the IRS web site at www.irs.gov or call the IRS customer service number at 1-800-829-1040. For state tax questions, visit the Georgia Department of Revenue website at https://etax.dor.ga.gov or call customer service at 1-877-423-6711, Option 2.