Cleaning up the tax code to foster prosperity
One item not on the Biden administration’s economic agenda is tax reform. That’s no surprise, considering Team Biden’s default position has been to raise taxes, a lot, without a thought…
The coming tax season “disaster”
The IRS is in big trouble and taxpayers may be the ones who suffer the consequences this tax filing season. The mammoth backlog of unprocessed returns from the previous year,…
The IRS and facial recognition…a bad idea that finally got scrapped
The Internal Revenue Service has a long and problematic history of keeping your personal information safe and secure from hackers, leakers, and assorted mischief makers. Which made the agency’s mandate…
IRS warns of bigger delays on tax refunds
Things at the IRS go from bad to worse, as the agency is now warning that its backlog of unprocessed returns from last year stands at more than 8 million…
The IRS is very, very bad at protecting your personal data
Giving the IRS more power to extract taxes from a host of people, companies, and assorted financial entities has been a long-held dream of many politicians. In their mind, mountains…
IRS delays running 20 weeks and longer for amended returns
The Biden administration’s infatuation with expanding IRS enforcement is still alive, though, barely. But what of the IRS itself? It seem the agency is having problems processing returns – and…
The tax man’s troubling arsenal
While the possibility that the IRS will have more power to sift through our daily banking activities appears to have diminished, there is one odd thing about the tax collection…
Provision allowing IRS to levy retroactive penalties still alive in Democrat budget talks
While the idea of allowing the IRS to go spelunking through your bank activity looking for cash Uncle Sam thinks he deserves is on the rocks, others very bad ideas…
Manchin calls IRS surveillance idea “screwed up”
As congressional Democrats continue their intramural fight over how to spend trillions of dollars we don’t have, at least one very bad idea the Biden administration has floated to defray…
Rather than give the IRS new powers, lower rates and simplify the tax code
The Biden administration’s plan to give the IRS the right to know how much money goes into and out of your bank account is still on the table. As we’ve…