Letter: Online taxpayer accounts a good first step

In regard to “IRS plans online taxpayer accounts,” this is a good first step. The Internal Revenue Service gets and keeps a lot of earnings information about a taxpayer. Employers provide wage and deductions data, while other financial institutions give interest and dividend data. With properly enacted bills, IRS can get almost all data -- deductions and credits -- that go into a taxpayer’s 1040 filing. IRS can actually prepare a 1040 filing and a taxpayer can begin using it by adding additional information if it is not there. In the ideal scenario, all the data balance out. This process ensures that due taxes are paid by all the people and costs are reduced.

Anonymous


What do you think? Paste a comment in the box below (registration required), or send your comment to letters@fcw.com (subject line: Blog comment) and we'll post it.

Featured

  • Cybersecurity
    Shutterstock photo id 669226093 By Gorodenkoff

    The disinformation game

    The federal government is poised to bring new tools and strategies to bear in the fight against foreign-backed online disinformation campaigns, but how and when they choose to act could have ramifications on the U.S. political ecosystem.

  • FCW PERSPECTIVES
    sensor network (agsandrew/Shutterstock.com)

    Are agencies really ready for EIS?

    The telecom contract has the potential to reinvent IT infrastructure, but finding the bandwidth to take full advantage could prove difficult.

  • People
    Dave Powner, GAO

    Dave Powner audits the state of federal IT

    The GAO director of information technology issues is leaving government after 16 years. On his way out the door, Dave Powner details how far govtech has come in the past two decades and flags the most critical issues he sees facing federal IT leaders.

Stay Connected

FCW Update

Sign up for our newsletter.

I agree to this site's Privacy Policy.