Take the sting out of tax day with a few fun tax facts.
It’s April 15th, which means it’s time to file your federal income tax returns to good ol’ Uncle Sam. As Benjamin Franklin once said, “nothing can be said to be certain, except death and taxes.”
Last year, more than 100 million people filed their taxes electronically with the federal government. Whether you filed your taxes in January, or you waiting until today to file, take a moment to enjoy a few fun – or not-so-fun – tax facts:
- The average American spends 13 hours preparing their taxes.
- There are more than four million words in the Federal Tax Code.
- The code has been changed around 5,000 times since 2001.
- The tax code is also around 74,000 pages long.
- The IRS employs more people than the FBI.
- Americans are relying more and more on tax preparation companies or software to help file taxes, but exactly how much money is spent each year? Around $258 a person. That’s 51 boxes of Thin Mint Girl Scout cookies.
- The government took in $2.8 trillion in taxes last year.