December 8, 2011

BIG BROTHER DOING YOUR TAXES? That’s kinda what it sounds like. “The goal of this initiative is to improve the tax filing process by reducing burden for taxpayers and improving overall compliance upfront. Under the vision of a real-time tax system, the IRS could match information submitted on a tax return with third-party information right up front during processing and could provide the opportunity for taxpayers to fix the tax return before acceptance if it contains data that does not match IRS records.”

UPDATE: Link was broken before. Fixed now. Sorry!

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