Cracking The Code
Congress and the White House go to work to simplify the tax code.
The push is on to overhaul the IRS, making it more customer service-oriented. Sound too good to be true? It may be. But Congress is clamoring for change. A congressional commission that spent a year studying the IRS recently issued a series of recommendations on how to improve the agency. High on the list: simplifying the tax code.
If the commission's recommendations are enacted, small-business taxpayers will find it easier "to comply with their tax obligation with less intrusion from the IRS," states a commissional report. They'll also gain more rights and protections.
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