Tax compliance (individual)

Why Should We Have To Pay Somebody To Help Us File An Individual Income Tax Return?

August 10, 2023 –

The growing war between the IRS and the commercial tax preparation industry over the agency’s efforts to create a free, in-house tax filing system got...

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...

stock photo of an ethereum cryptocurrency token

Business Taxes

A New Solution for Taxing Cryptocurrency Staking

July 31, 2023 –

Taxing digital assets poses many tax policy puzzles. So many, in fact, that the Senate Finance Committee recently asked for advice on how to do...

photo of the outside of the IRS headquarters

Federal Budget and Economy

Cutting IRS Resources and Punishing Honest Taxpayers

June 27, 2023 –

House Speaker Kevin McCarthy (R-CA) and President Biden recently agreed to cut back on some of the increased IRS funding enacted through last year’s Inflation...

computer screen showing chatgpt, an open-sourced artificial intelligence tool

Individual Taxes

How Can Artificial Intelligence Help The Average Taxpayer?

June 7, 2023 –

We still have some time before an artificial intelligence (AI) tool like ChatGPT can prepare our taxes, as my TPC colleague Robert Weinberger reminds us...

Individual Taxes

Will Artificial Intelligence Be Able to Prepare Our Tax Returns?

May 18, 2023 –

In case you’ve somehow missed the flurry of articles describing the dramatic advance of artificial intelligence, we appear to be at the dawn of a...

Individual Taxes

Details Emerge On How The IRS Will Navigate The $400K Pledge

April 25, 2023 –

The veil has lifted (at least partway) on the administration’s two-year-old pledge that the IRS would not use its $80 billion budget boost to increase...