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Broken IRS Vexed by Problems Money Alone Won't Solve

Broken IRS Vexed by Problems Money Alone Won't Solve

FromTalking Tax


Broken IRS Vexed by Problems Money Alone Won't Solve

FromTalking Tax

ratings:
Length:
24 minutes
Released:
Apr 21, 2022
Format:
Podcast episode

Description

The IRS is struggling.
As millions of Americans completed their annual tradition of filing taxes earlier this week, they again connected with a sprawling government agency besieged by issues that money alone can't solve. The IRS is still working through a backlog of unprocessed tax returns and can't keep up with a flood of phone calls from taxpayers looking for help.
Bloomberg Tax took a deep dive into the IRS's longstanding structural deficiencies, from an over-reliance on paper documents and outdated technology to a less-than-stellar public perception. We asked current and former government officials, agency watchdogs, and tax professionals to offer their strategy for fixing the IRS.
To round out the Fixing the IRS series, former IRS Commissioner John Koskinen and Carlos Lopez, founder of the Latino Tax Professionals Association, join the latest episode of our Talking Tax podcast. They discuss what the agency can do to get back on the right track.

Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.
Released:
Apr 21, 2022
Format:
Podcast episode

Titles in the series (100)

Talking Tax, from Bloomberg Tax, is a weekly discussion of the most pressing issues facing tax and accounting professionals. Each week the podcast features discussions with lawmakers, federal regulators, lawyers, and journalists. From the courts to Capitol Hill to the IRS, Talking Tax has it covered.