Tax Laws....

Hi everyone,

So last week on Friday morning (March 18th), I am sitting in my Financial Tax class taking my exam. As i am taking this exam (to a degree, even while I was studying for it), I couldn't help be thinking to myself; who actually remembers all the tax laws and that countless variations and exceptions. It seemed quite ridiculous. I mean for one thing, many of the tax laws change every year so by the time you finish memorizing the current laws it'll already be time or at least close to the time you'll have to start learning all the new laws. Another reason it is silly to memorize these laws is because in this day and age, all these laws are at our finger tips with the power of the internet and more importantly all these tax software that are available for use (TurboTax, H&R Block, etc).

I just couldn't help myself. Last Friday (March 25th), when the professor was returning are graded exams, I asked him why he is requiring us to memorize these laws, when soon enough they'll be obsolete. All he could tell me is that "this is how its been done for years." I am not very happy with is answer, to say the least. I have spoke to many tax professionals since than and all of them concur that memorizing these laws is a waste of time. All the tax professionals i spoke to use tax software, which applies the appropriate laws simply by a few clicks. I think tax courses in college need to change the way they are thought. What do you guys think? Let me know. Maybe you guys can change my mind :)