Free Site Registration

IRS Nominee Says Pre-Filled Returns Not a Priority


(Bloomberg) -- President Barack Obama’s nominee to run the Internal Revenue Service told a Senate committee it’s not a high priority for the service to present taxpayers with pre-filled-out tax returns, even as high ranking Republican senators expressed their support for his confirmation.

John Koskinen

Obama discussed the idea of tax returns that already include information that taxpayers would check, complete and send to the agency during his 2008 presidential campaign, though he hasn’t advanced it since taking office.

“It’ll be a long time before we get to the stage when the code is simple enough when the IRS can pre-populate a form for you,” John Koskinen, the IRS commissioner nominee, said today in testifying before the Senate Finance Committee.

Such a system could curtail business for companies including H&R Block Inc. and Intuit Inc., the maker of TurboTax.

Koskinen, 74, is a former chairman of Freddie Mac. He said the IRS has greater technology priorities than the pre-filled form.

He was responding to a question from Wyoming Republican Senator Mike Enzi.

“These efforts could dismantle a currently successful and free public-private partnership,” Enzi said.

Get access to this article and thousands more...

All Accounting Today articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, podcasts, blog discussions, and conference discounts. Registered members may also choose to receive our exclusive Tax Pro Today e-newsletters covering the latest breaking news, opinions from industry leaders and developing trends.

Already Registered?


Follow Accounting Today


Trends in the Accounting Profession

April 18, 2014

Jim Metzler, former AICPA vice president of small firm interests, and founder of Metzler Advisory Group, talks about how the CPA profession is changing.

Lessons in M&A: Client and Staff Retention

April 14, 2014

Transition Advisors president Joel Sinkin talks about what firms should do after a merger to retain their clients and staff members.

Are You Missing These Growth Opportunities?

April 2, 2014

Gale Crosley of Crosley + Company discusses the practice areas and international opportunities that firms often overlook in trying to grow.



Dumbest Employee Excuses for Being Late

March 31, 2014

Running a little late could have big repercussions, especially at a firm in the midst of busy season. From escaped zebras to must-see TV, employers told CareerBuilder some of the most memorable excuses they've heard from tardy employees.

Common Taxpayer Misconceptions

March 19, 2014

The NAEA’s collection of ridiculous things tax clients believe.

The 10 Fastest-Growing Firms in the U.S.

March 10, 2014

The firms with the highest 2013 revenue growth in our Top 100 Firms/Regional Leaders list.

Top 10 Tech Trends for 2014

March 3, 2014

As companies gain more affordable access to new technology and platforms, they also seek to make smarter investments.

Strangest Tax Deductions

January 31, 2014

The Minnesota Society of CPAs recently conducted its annual survey about the most strange and unusual tax deductions proposed by clients.