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We are less than a week away from the tax-filing deadline. Wouldn't it be great if you didn't have to submit anything, your taxes were done for you -- for free -- and you just had to make sure nothing was wrong with them?
It's not a dream. That's the idea behind "return-free filings," where the IRS would prepare your tax filing for you. While not everyone would qualify, those with simple taxes wouldn't have go through all the hassles that come about every tax season.
In the below video, Motley Fool contributor Dan Dzombak explains return-free filings and the arguments for both sides.
Taxes aren't the only thing that need to be made simpler. Warren Buffett recently referred to another sector as "the tapeworm that's eating at American competitiveness." To find out more, check out The Motley Fool's free report: What's Really Eating at America's Competitiveness. Besides learning more, you'll discover an idea to profit as companies work to eradicate this efficiency-sucking tapeworm. Just click here for free, immediate access.