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Commissioner's view of future world of taxes.

Before stepping down, IRS Commissioner Shirley Peterson outlined the IRS vision of the tax system for the year 2000 at a meeting of the Commissioner's Advisory Group: (1) Voluntary compliance, it is hoped, will grow from the current 83% to over 90%, (2) the tax administration environment will be almost paper-free, with much greater reliance on electronic filing and (3) there will be a single wagereporting system, with employers filing with one central government agency. The IRS has hired an outside consulting firm to help simplify and centralize wage reporting.

Note: Almost 17% of 1992 returns are expected to be filed in 1993 either electronically or via the 1040PC program.
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Title Annotation:Shirley Peterson
Publication:Journal of Accountancy
Article Type:Brief Article
Date:Mar 1, 1993
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