TaxVox: Tax administration (individual)

Treasury Takes Big-Picture View With Newest Crypto Proposal

September 19, 2023 –

After a bit of a delay, Treasury has proposed regulations outlining who in the cryptocurrency industry is a “broker” and hence obligated to provide the...

Individual Taxes

Backsliding on Information Returns Undermines Our Tax System

August 4, 2023 –

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...

Federal Budget and Economy

Prospects for “Moore” Damage to Our Tax Code

July 3, 2023 –

The US Supreme Court recently agreed to review the case of Moore v. United States . The question presented sounds dry and technical: “Whether the...

Individual Taxes

2023 Tax Season Takeaways: Fewer Filers as IRS Rebounds

June 12, 2023 –

Preliminary IRS data on the 2023 tax filing season illustrates that the agency has recovered from pandemic disruptions, with a calmer tax season thanks to...

Individual Taxes

What The Debt Ceiling Agreement Means For The IRS

June 1, 2023 –

What policymakers give, policymakers can take away. Nine months after Congress enacted President Biden’s proposal to boost the Internal Revenue Service’s 10-year budget by $80...

treasury deputy secretary wally adeyemo speaking at an April 17 Urban-Brookings Tax Policy Center event on the tax filing season

Individual Taxes

Fixing The IRS Will Require Much More Than Hiring Additional Staff

April 19, 2023 –

As usual, the politicians are missing the point: Success or failure of the IRS’s ambitious plan to spend $80 billion in new money won’t be...

Federal Budget and Economy

The IRS Thinks Big About How To Spend $80 Billion

April 11, 2023 –

The Internal Revenue Service has taken a major step forward with its release of a plan detailing how the agency will invest the ten-year $80...

photo of the outside of the IRS headquarters

Individual Taxes

The IRS Misses Its Deadline For Completing A Plan To Spend $80 Billion In New Money

February 22, 2023 –

Yes, I’ve known for months that my taxes are due by April 18. But I’m changing tax preparers. And I’m really busy at work. And...

Individual Taxes

The IRS’s Christmas Gift to Airbnb and PayPal Is a Loss for Law-Abiding Taxpayers

January 11, 2023 –

Third-party payment platforms such as Airbnb, eBay, and PayPal found a surprise gift from the Biden Administration in their Christmas stockings last month—one that likely...

house appropriations committee chair kay granger

Individual Taxes

The House GOP’s Vote To Cut IRS Funding Was Just One Skirmish In A Long War

January 11, 2023 –

It is easy to write off as mere symbolism the House vote to rescind nearly all the $80 billion IRS funding increase Congress approved last...