Study: Federal Regs Cost Businesses Billions In 2011

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Study: Federal Regs Cost Businesses Billions In 2011

Jan 09, 2012

Posted by Kristin Oberlander - Businesses spent $231 billion and more than 133 million paperwork hours to comply with federal regulations in 2011, according to a study release by the American Action Forum. The study also found that it would take 66,730 employees just to file federal paperwork (assuming a 2,000 hour work year).

The NASE has been an advocate for simplification of the tax code for many years. To find out more about our stance, please check out these links:

NASE President & CEO Kristie L. Arslan comments upon how lawmakers look to reduce the tax gap "often at the expense of the self-employed."
NASE expresses support for the Home Office Deduction Simplification Act
NASE National Tax Advisor Keith Hall tells Congress how burdensome excessive paperwork is to the small company.

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Study: Federal Regs Cost Businesses Billions In 2011

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