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Business
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Number of pages / Number of words: |
5 / 1254 |
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The truly significant feature of this tax relief, however, was that the credit was refundable for many lower-income families. ("Federal Income Tax History", 2006, para. 42). Through the IRS Restructuring and Reform Act of 1998 (RRA98), the IRS committed to do a better job on meeting the needs of taxpayers and collecting revenues...
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Today "the strategic goals guiding the future direction of the IRS are: improve taxpayer service, enhance enforcement of the tax law, and, modernize the IRS through its people, processes and technology." ("IRS Strategic Plan", p. 5).
Since 1986, the tax code has been amended several times. Over the time, income tax has become not only a means of increasing or obtaining revenue necessary to run the government, it has also become a method of setting policies, directing our economic system and our social and political behaviors in an attempt to attain specific results...
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