CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. US Taxpayer Group Calls For Regular Tax Code Reviews

US Taxpayer Group Calls For Regular Tax Code Reviews

by Mike Godfrey, Tax-News.com, Washington

18 December 2017


The National Taxpayers Union (NTU) has said that the US Government should mandate a regular review of the tax code.

The suggestion came during a hearing held by the House Ways and Means Oversight Subcommittee on December 14 on the Internal Revenue Service's taxpayer services.

The NTU told the hearing that taxpayers now have access to fewer taxpayer assistance centers and fewer call center operators. It added that the way IRS undertakes audits and resolves disputes can cause unnecessary distress for taxpayers.

"Sadly, these are not new phenomena. National Taxpayers Union and NTU Foundation have tracked the IRS's taxpayer service woes since the 1990s," said NTU Director of Research Demian Brady. However, he said: "Simplification of tax laws through the Tax Cuts and Jobs Act (TCJA) will bring relief for millions of taxpayers."

The NTU highlighted the "convoluted and overly complex tax code" as the primary challenge facing taxpayers, with filers struggling to make sense of forms and schedules and having to keep up with changes to administrative regulations and rulings.

In addition, the IRS has curtailed the advice it offers taxpayers, with "entire areas of tax law" being declared "out of scope" by IRS assistance centers, due to the risk of providing incorrect information in complex areas, the NTU noted.

"The IRS will be presented with new challenges implementing tax reform legislation once it is passed," said Brady. "This will also present the opportunity to address other lingering problems at the agency, such as its antiquated technology systems."

NTU encouraged Congress to follow up the Tax Cuts and Jobs Act with further reforms, including the repeal of the Foreign Account Tax Compliance Act (FATCA) to reduce the reporting burden on US taxpayers living overseas. It also encouraged the passage of the Preserving Taxpayers' Rights Act to protect taxpayers in disputes with the IRS.

"Lawmakers should also look at ways to secure taxpayer rights by setting up a permanent process to regularly review the tax code… so that taxpayers won't have to wait another thirty years before the next comprehensive overhaul of the tax code," said Brady.

TAGS: Foreign Account Tax Compliance Act (FATCA) | tax | FATCA | law | audit | legislation | United States | tax reform | regulation | services | Compliance | Tax

To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »