Jorge Castro Comments on the Effect of A Government Shutdown on the IRS in Tax Notes
Subtitle
"Looming Shutdown Threatens to Derail IRS's Progress"
Subtitle
"Looming Shutdown Threatens to Derail IRS's Progress"
Tax Notes
Jorge Castro commented on how the IRS could be affected in the event of a government shutdown. Castro, a former counselor to the IRS Commissioner, noted that the agency starts preparing for the tax filing season far in advance and said, "Imagine a world where we've lost a month thanks to a shutdown. [F]iling season is top priority, so something else is going to have to lose priority." He stated that a government shutdown would put the "new, innovative initiatives" that the IRS is trying to roll out ahead of the tax filing season at risk.