You know who fights simplifying taxes behind the scenes.?
CPAs
And tax attorneys
CPAs
Not the CPAs I know. However, the Tax Department I work in is with a large real estate company. Our workload includes the full range of tax services for complex real estate partnerships. With our growth, we'll be at 200 entities within 12 months.
I've been preparing taxes off and on for 30 years, and I've never seen such complicated returns. The personal returns for our C-Suite have at least 75 K-1s in them. I'm finishing a 1065 for two student housing properties that includes 75 investors.
It's not just federal returns we prepare, but state, personal property, franchise, and other annual filings.