The IRS Is Stretched Thin and Underdelivering
Monday, March 29, 2021
WEEKLY WASTEBASKET As trillion-dollar spending bills and new federal programs pop up like spring flowers, there are some cracks in the infrastructure that make these investments possible. A recent hearing with the Commissioner of the Internal Revenue Service and a report from the Inspector General make it clear the IRS is stretched thin. Love ‘em or hate ‘em, the IRS is crucial to making government work. Whether you want to rein in deficits, seek equity in public policy, or just want to know how to fill out your form 1040, you should be concerned. Everyone is familiar with taxes, but not everyone is familiar with the Tax Code. At a couple thousand pages (tens of thousands with the case law and guidance) it’s daunting, even... Read more →