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The Accounting Podcast

DOGE Proves IRS Can Move 100X Faster Without Red Tape

Apr 15, 2025
Dive into the impact of 145% tariffs on Chinese goods and how they threaten American businesses. Discover shocking stories from retailers and tech giants grappling with these policies. Meanwhile, the IRS experiences a modernization shake-up, turning a lengthy project into a rapid solution. Plus, hear about controversial directives affecting CPAs regarding their professional credentials. This dynamic discussion reveals the intertwining challenges of government efficiency, economic policies, and the accounting world.
01:35:29
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Podcast summary created with Snipd AI

Quick takeaways

  • The episode highlights how tariffs on Chinese goods severely impact American businesses, leading to increased costs and difficult operational decisions.
  • A significant change within the IRS is illustrated by a 71-minute fix for a website issue, showcasing the potential for improved government efficiency.

Deep dives

Ancient Systems and Modern Challenges

The outdated technology used by the IRS is highlighted, particularly in comparison to the antiquated systems in nuclear silos that operate on floppy disks. This raises concerns about the IRS's inefficiency in adopting modern technological solutions despite having substantial funding and resources. The episode discusses an incident where a login button on the IRS website was moved to improve user accessibility, a change that took only hours to implement instead of the months typically required in such bureaucratic systems. This example underscores the need for modernization within the IRS to better serve taxpayers and streamline operations.

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