The U.S. is a “Nation of Forms”. It uses “forms” to force you to provide them endless amounts of information. It is truly Orwellian. Through FATCA, the U.S. will force Canadian banks (they should simply refuse) to report on U.S. citizens to the IRS.
Here is a “new form” that is clearly designed for the benefit of the IRS. Your “paid tax preparer” must not only be registered with the IRS, but must provide his/her own background information to the IRS. I suspect that a number of people who have been preparing U.S. tax returns will simply stop. Those remaining will have to register with the IRS, pass an exam and take continuing education courses. The good news is that this has created a new industry in America – the IRS Tax Preparation Return Preparation Exam Preparation Industry – this is hilarious – and to not favor one IRS Tax Prep Return Prep Provider. Clearly the most important obligation of U.S. citizenship is to submit forms filled out under the supervision of government certified form preparers. This really should become an election issue – honestly, how many forms should a person be required to fill out and at what expense. This is getting worse and worse and more and more intolerable. So, make sure that when you go (if you go) to HR Block they show you their tax preparer number! Continue reading