Is GOP Tax Reform Dead? Unlisted Video
5 years ago
628K
News
Trending News
Ryan Ellis
Internal Revenue Service
National Association Of Tax Professionals
Bloomberg Tax
Jackson Hewitt
Taxation In The United States
Tax Return
Tax Preparation In The United States
Tax Cuts And Jobs Act
In 2017, Republicans promised tax overhaul.
The new law would simplify the nation's confusing tax code.
People would be able to file their returns on a postcard, saving people time and making taxes more understandable.
What happened to that plan?
It was unveiled last summer, but after a single, messy year of use, the tax "postcard" is dead.
The Internal Revenue Service abandoned the smaller 1040 form after one filing season.
The IRS received complaints from tax professionals and interest groups.
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