Want a better IRS? Build a better tax code.
But in order for that to happen, Congress needs to stop complicating the system.
Stay updated with breaking news from Payroll Deduction. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
But in order for that to happen, Congress needs to stop complicating the system.
The biggest problem facing the IRS isn’t bad management or lack of resources, but the metastasizing complexity of the tax rules it must administer.
From Bloomberg Opinion: 'The U.S. tax code hasn't been comprehensively simplified since 1986. Over the subsequent years, Congress has indulged its unlimited appetite for making it unintelligible,' Clive Crook writes. 'What a mess. And what a shame that the new IRS budget isn't part of a plan to fix it.'
Colorado is among a handful of U.S. states operating on the cutting edge of various employee pay. Employers in CO should follow the state Supreme Court case closely to know how it will affect their obligation to pay the payroll deduction premiums beginning in January 2023.
Colorado is among a handful of U.S. states operating on the cutting edge of various employee pay. Employers in CO should follow the state Supreme Court case closely to know how it will affect their obligation to pay the payroll deduction premiums beginning in January 2023.