THE AUTOMATED IRS Who it matters to: Anyone with tax clients. The details: It’s no secret that the Internal Revenue Service hasn’t always been great with technology. A long history of tech projects that ran over budget and out of control has left it with a reputation as technologically backward. That’s why this particular trend may take many taxpayers and tax preparers by surprise: The IRS is automating more and more of its investigation and notice procedures. That’ll mean more notices and more audits initiated and conducted by mail. The tax man likes it because these automated processes bring in more revenue more efficiently; you might like it because it terrifies clients, who’ll need your help dealing with the flood of notices. Less exciting, but further in the future, is the IRS’s interest in using technology to automatically populate tax returns. If their technology does that, then you can’t charge clients to have your technology do it … .
Posted on: Wed, 11 Sep 2013 12:20:35 +0000
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