(Bloomberg) -- Republican lawmakers said they wanted to simplify the tax code so you could file your return on a postcard.

It turns out the new tax law will be anything but simple for many affluent Americans, who are now inundating their accountants for advice.

They made it a lot more complex for a lot of people,” said Jody Padar, chief executive officer of New Vision CPA Group in Mt. Prospect, Illinois.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.