Ten Small Cities to Start a Business in 2023
Are you starting a new business? Have you thought about where you would like to start a business? Learn more about the best small cities to start a business.
Last week, we covered on PaycheckCity the National Taxpayer Advocate’s (NTA) recommendation that the IRS adopt and promote a Taxpayer Bill of Rights, and additionally, apply its principles to all IRS strategic planning, compliance, and taxpayer service activities. This week, PaycheckCity is sharing more of the NTA’s recommendations to Congress. Specifically, the claim that the tax system will work best if there is an application of not only taxpayer rights, but also taxpayer responsibilities.
Last week, we covered on PaycheckCity the National Taxpayer Advocate’s (NTA) recommendation that the IRS adopt and promote a Taxpayer Bill of Rights, and additionally, apply its principles to all IRS strategic planning, compliance, and taxpayer service activities. The NTA also recommended outreach and education to taxpayers so that taxpayers know and understand their rights and are enabled to avail themselves of those rights, thus nurturing trust in our tax system.
This week, PaycheckCity is sharing more of the NTA’s recommendations to Congress. Specifically, the claim that the tax system will work best if there is an application of not only taxpayer rights, but also taxpayer responsibilities. The National Taxpayer Advocate recognizes the relationship between the government and its taxpayers as a social contract of sorts—The U.S. government requires its tax collector to treat taxpayers with courtesy and respect and asks taxpayers to cooperate with the tax collector. As this is a two-way relationship, the Taxpayer Bill of Rights should also contain a section outlining taxpayer responsibilities. The document would serve to heighten awareness of these rights and responsibilities among taxpayers and IRS employees alike and would lay out in clear and concise terms what taxpayers must do to comply with tax laws and what rights taxpayers possess in that process.
The Five Taxpayer Responsibilities recommended by the NTA are:
By establishing this official taxpayer charter, the IRS will show its commitment to protecting fundamental taxpayer rights. These five Taxpayer Responsibilities will also provide a valuable framework for evaluating IRS policies, programs, actions, and initiatives. What are your thoughts on the five taxpayer responsibilities recommended by the NTA?To learn more about the Taxpayer Advocate Service or the Taxpayer Bill of Rights, visit The National Taxpayer Advocate 2013 Annual Report.
Are you starting a new business? Have you thought about where you would like to start a business? Learn more about the best small cities to start a business.
Your filing status is perhaps the most important piece of information when it comes to tax withholding. Learn which filing status applies to you.
How often should you submit a new W-4? What is your filing status? In this article, we break down some of the most common W-4 questions.