March 21, 2013
Mark W. Everson
, Former IRS Commissioner and alliantgroup Vice Chairman,
, former Senior Tax Counsel to the U.S. Senate Committee on Finance, and
, alliantgroup CEO, agree that the proposed tax reform will come of great benefit in a time of increasing demands on tax administration.
The Internal Revenue Service (IRS) mission statement reads as follows: "Provide America's taxpayers top quality service by helping them understand and meet their tax responsibilities and enforce the law with integrity and fairness to all." The Senate Finance Committee Staff has
presented a staff discussion tax reform
which they believe will allow the IRS to accomplish its mission statement more fairly, efficiently, and effectively.
"I welcome anything that can be done to simplify the tax code and improve tax administration. A number of the steps outlined in the staff discussion draft would be of great benefit to individuals, as well as to small and medium size businesses," Everson said. "In addition, Congress has been slow to address the problem of identity theft. It is noteworthy and high time that they tackle this plague, which is straining our tax and financial systems."
Reform options include changes to collection and enforcement, the filing process, simplification of the code, and a miscellaneous section comprised of updates and improvements of taxpayers' rights and Tax Court operations.
"It is important that the Senate Finance Committee has signaled that it is serious about reform and moving forward in an open and transparent manner. Any staff paper on tax reform that proposes getting rid of AMT as well as the Byzantine PEPs and Pease is off to a good start," Zerbe said. "From my time on the Committee, I've found that staff discussion papers have been a good way to bring forward issues and allow for more engaged and substantive discussions that can possibly lead to legislation. It is good to see the Committee moving from platitudes to particulars as they consider much-needed proposals for reform."