How a simple tech upgrade at the IRS could transform the economy

techcrunch.com

The IRS Data Verification Modernization Act of 2017, recently introduced in Congress by Rep. Patrick McHenry (R-NC) and Sen. Cory Booker (D-NJ), would set up an application programming interface (API) at the IRS. This API would turn a cumbersome, manual process into an automated one. An API would allow the agency to provide your transcripts the instant you give your authorization.

Interesting idea, although if it actually passes I think it'll be years before we see a fully functional API by the IRS that can handle any scale. 

Read more...
Linkedin

Want to receive more content like this in your inbox?