AICPA Testimony to House Ways and Means Subcommittee on Oversight for Hearing on “IRS Return on Investment and the Need for Modernization”

The AICPA provided written testimony to the Subcommittee on Oversight to address the need for the Internal Revenue Service (IRS) to continue to improve its modernization efforts. The AICPA advised the IRS to continue those efforts and update its antiquated technology infrastructure, employ tax professionals to address the lack of guidance on technical issues, and streamline the taxpayer’s and tax professional’s ability to communicate with the IRS in a timely and effective manner.