For anyone who has not yet read the Internal Revenue Service Strategic Plan FY 2018-2022, this is a must read for every tax professional and taxpayer this year. While the IRS Strategic Plan opens with the Taxpayer Bill of Rights, it also reminds you that the Tax Cuts And Jobs Act is the most significant revision of the U.S. Tax Code in more than 30 years.
The report states that the new law will require extensive administrative work – updates to 140 computer systems and 450+ tax forms – for the IRS in calendar years 2018 and 2019. The report also states “providing service to taxpayers is a vital part of the IRS mission, and helping taxpayers voluntarily comply with the law strengthens our tax system.”
The IRS Has Six Strategic Goals
- Empower and enable all taxpayers to meet their tax obligations.
- Protect the integrity of the tax system encouraging compliance through administrating and enforcing the tax code.
- Collaborate with external partners proactively to improve tax administration.
- Cultivate a well-equipped, diverse, flexible and engaged workforce.
- Advance data access, usability and analytics to inform decision-making and improve operational outcomes.
- Drive increased agility, efficiency, effectiveness and security in IRS operations.
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