Tony Malik, our firm’s Principal Consultant, was busy meeting with eminent tax policy advisors and legislative directors on Capitol Hill in Washington, DC last week. Some of the critical items Point Square Consulting advocated for during the deliberations included:
- Elimination of severe international tax penalties imposed on taxpayers for minor instances of noncompliance with various tax laws.
- Electronic delivery of the Taxpayer Bill of Rights to taxpayers in the IRS’s future electronic interaction platform.
- The passage of Senate Bill No. 1074 into law thereby allowing taxpayers to electronically sign a Power of Attorney and Declaration of Representative.
Accomplishing the aforementioned objectives would be monumentally beneficial for the U.S. taxpaying public. Point Square Consulting is a central member of the nation’s top tax experts and is continually active in the tax legislative process.