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December 2013 » Is It Time to Change the Name of...
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George Jackson, CPA
The past year has seen one milestone pass largely unnoticed—2013 represents the 100th anniversary of Form 1040, U.S. Individual Income Tax Return. Now that CPAs and taxpayers are readying themselves for the next busy season, it is fitting to pause and reflect on the document that, more so than any other (except perhaps the ballot), periodically reconnects U.S. citizens with the federal government. Moreover, it is appropriate to consider which changes to the form might allow it to better serve its purposes, one of which is to remind taxpayers why they are filling out the form.
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