Thursday, January 06, 2011

Here's your Chance to Help Fix the Nation's Tax System

Everyone loves to complain about the U.S. tax system, and as part of her report Nina E. Olson has created a new way for taxpayers to share suggestions to improve the complicated tax code. Think you’ve got the answer? Join in!

From TodayShow.com:

On Wednesday, the National Taxpayer Advocate launched a suggestion box where taxpayers can offer their ideas for reforming the tax system.

“There has been near universal agreement for years that the tax code is broken and needs to be fixed,” National Taxpayer Advocate Nine E. Olson said in a statement announcing her annual report to Congress “Yet no broad-based attempt to reform the tax code has been made.”

Olson said tax reform is the No. 1 priority facing the tax administration, but any attempts to change the system have hit massive roadblocks.

In the release, Olson said she’s hoping to hear what taxpayers would be willing to give up in favor of a more simplified system. She also wants to know what aspects of the current system seem particularly burdensome or unfair.

The Taxpayer Advocate Service helps taxpayers who are experiencing economic problems, need help resolving problems with the IRS or believe the IRS isn’t working the way it should. It’s an independent organization that operates within the IRS.

Read more here