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Broken IRS Vexed by Problems Money Alone Won’t Solve (Podcast)

April 22, 2022, 8:45 AM

The IRS is struggling.

Listen here and subscribe to Talking Tax on Apple Podcasts, Spotify, Google Podcasts, Stitcher, Megaphone, or Audible.

As millions of Americans completed their annual tradition of filing taxes earlier this week, they again connected with a sprawling government agency besieged by issues that money alone can’t solve. The IRS is still working through a backlog of unprocessed tax returns and can’t keep up with a flood of phone calls from taxpayers looking for help.

Bloomberg Tax took a deep dive into the IRS’s longstanding structural deficiencies, from an over-reliance on paper documents and outdated technology to a less-than-stellar public perception. We asked current and former government officials, agency watchdogs, and tax professionals to offer their strategy for fixing the IRS. Catch up on the series here.

To round out the Fixing the IRS series, former IRS Commissioner John Koskinen and Carlos Lopez, founder of the Latino Tax Professionals Association, join the latest episode of our Talking Tax podcast. They discuss what the agency can do to get back on the right track.

Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

To contact the reporters on this story: David Hood at dhood@bloomberglaw.com; Naomi Jagoda at njagoda@bloombergindustry.com

To contact the editor responsible for this story: Patrick Ambrosio at PAmbrosio@bloombergindustry.com