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73a3ab3bcf11726e443bdca7837fe9cb Archive

Why Another Brutal Filing Season for The IRS May Not Help It Get More Funding

TweetShareSharePin0 Shares The Internal Revenue Service has limped through yet another tax filing season, reduced to plugging staffing holes in customer service and returns processing by shifting workers around—and thus creating new tax administration gaps. Thanks to months-long delays in processing millions of 2020 tax returns, the agency’s most visible vulnerabilities have shifted from enforcement

Whose Child Is It Anyway? The Ways & Means Definition Makes It Harder for The IRS To Know

TweetShareSharePin0 Shares To paraphrase Tolstoy, all simple families are alike; each complicated family is complicated in its own way. So when the tax code aims to deliver benefits for kids, expect complexity. But the proposed monthly child tax credit (CTC) in the Ways and Means reconciliation bill reaches new heights. It would extend the expansions

How Should Congress Fund Investments in The Internal Revenue Service’s Infrastructure?

TweetShareSharePin0 Shares Congress is moving toward rectifying the decade-long funding crisis at the IRS. The House is on track to adopt President Biden’s proposed $1.6 billion budget increase from the 2021 level (not counting the funds in COVID relief legislation). And the infrastructure framework agreed to by the president and a bipartisan group of senators

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