The IRS has also taken the lead on many of the new provisions of the PPACA by implementing 11 of the 30 major tax provisions of the law. Leading up to 2014, it's likely that Congress will expand the IRS' authority to collect on the mandate tax and enforce what the Supreme Court recently made official, much like the IRS collects and enforces the Social Security Act tax obligations. Without additional collection authority, the PPACA shared responsibility payment has only limited enforceability.
About the Author
Jim Buttonow, CPA, CITP—Jim is Vice President of Product Development and Cofounder of the tax technology company New River Innovation. Jim's professional mission is to apply emerging technology to problems faced by tax professionals after they file.
Jim is a CPA and former IRS Large Case Team Audit Coordinator. He worked at the IRS for 19 years. Since leaving the IRS, Jim has represented many clients before the IRS. At New River Innovation, Jim is the chief architect of Beyond415 (Beyond415.com), an award-winning technology for tax practitioners to efficiently handle IRS issues, notices and audits. Through Beyond415, Jim also develops and presents CPE series on IRS practice and procedure for issues that arise after filing, such as audits, notices and discrepancies. Jim regularly speaks on compliance trends and post-filing practice efficiency strategies for CPA and accounting firms.