On December 8, 2011, Robert Weinberger, Senior Fellow at the Aspen Institute Initiative on Financial Security (Aspen IFS), testified at the Internal Revenue Service’s public meeting to discuss the vision of a real-time tax system. This event kicked off a series of meetings that will run throughout 2012 to gather feedback on how to implement a series of long-term changes to our nation’s tax system.
Whereas the IRS currently operates on the after-the-fact “look back” model of compliance, outside stakeholders offered their insights on how the IRS could work toward performing more “real time,” or upfront matching of tax returns as they are filed.
