Accountant Jenner says individual taxpayers and small-business owners should ultimately benefit from all these changes, and that will be especially true if the Archer bill passes.
Another plus, he says, is that the IRS will get a chance to put its house in order. "The agency will have a structure imposed by lawmakers who have a political stake in the success of that structure," Jenner says. When all the political rhetoric dies down, he adds, "lawmakers will have to give the new system a chance to work and prove its effectiveness."
Don Alexander, c/o Akin, Gump, Strauss, Hauer & Feld LLP, (202) 887-4064
Greg Jenner, c/o Coopers & Lybrand LLP, (202) 822-4000, e-mail: email@example.com