Midterms & Your Wallet
The WealthAbility Show with Tom Wheelwright, CPA
Is Technology the Best Way to Enforce Tax Law?
GOP Sen. Rob Portman says the IRS is too slow and unresponsive to people's tax returns. The agency has spent $80 billion on technology, but only about 8 billion of that money went toward fixing backlogs or speeding up its operations. A lot of what you're going to get will be direct and aggressive auditing of individuals, said Portman.
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