Recent Tax Court Case Shows the Need for Senator Warren's Plan to Overhaul Tax Return Filing

There has been a lot written about Senator Warren’s introduction of the Tax Filing Simplification Act of 2016, legislation that would overhaul the tax return filing process for millions of Americans and require the IRS to do much more in terms of making “third-party provided return information” available to taxpayers in real time. A link to Senator Warren’s press release from the other day has all sorts of goodies, including the bill’s text, a letter in support from an all star cast of...