![]() Other countries adopted similar innovations long ago. A second and even more pioneering possibility is “pre-population”: the IRS could allow you to begin the filing process with an already filled-out return rather than making you enter each item of information from scratch. The first is free online tax preparation paired with electronic filing: The IRS could offer an easy-to-use product that assists you in completing your tax return, then allows you to submit your return online-all at a price of $0. The other cleared the Senate Appropriations Committee in late June, with a floor vote likely this summer.Īt issue are two innovations that, if adopted by the IRS, would radically reduce the time and expense incurred in filing federal income tax returns. One is pending in the Senate Finance Committee. ![]() The House of Representatives has passed two bills in recent weeks that seek to stop the IRS from simplifying the tax-filing process. The real action on tax filing right now is happening on the other end of Pennsylvania Avenue, where Congress is working hard to ensure that doing your taxes remains a time-consuming and expensive endeavor. The move was nothing more than a publicity stunt-as a number of commentators noted, the administration achieved its postcard-sized ambitions only by requiring millions of Americans to submit supplementary worksheets that actually complicate the task of tax preparation. ![]() ![]() The Trump administration unveiled a “ postcard-sized” tax form late last month that will supposedly make it easier for Americans to do their own taxes. ![]()
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