Tax Policy Center

information returns

: Daily Deduction
The IRS is launching a Paperless Processing Initiative to save time for taxpayers and revenue officials. After all the news stories about the IRS struggling...
August 7, 2023John Buhl
Individual Taxes: TaxVox
In the United States’ voluntary tax system, taxpayers are responsible for correctly reporting their incomes to the IRS, rather than having the government determine their...
August 4, 2023Sadie BogradSteven M. Rosenthal
Individual Taxes: TaxVox
When it comes to tax enforcement, I used to believe the Internal Revenue Service could never have too much information. But the agency already collects...
July 14, 2022Janet Holtzblatt
Individual Taxes: TaxVox
Sellers of stocks and other assets have always had to calculate their cost basis (generally, what they paid for the investment) in order to figure...
May 1, 2012Steven M. Rosenthal