IRS Gears Up for a Bad Patch.
Every time U.S. Congress changes federal tax laws, the IRS must update its computer system to take account of the changes. Unfortunately, the IRS computer system is so outdated—its code is written in COBOL, a language created when most businesses kept information on tape reels or punch cards—that t...
| Publicado en: | CQ Weekly Vol. 65; no. 41; pp. 3140 - 3141 |
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| Formato: | Artículo |
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Congressional Quarterly Inc.
October 29 2007
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| Acceso en línea: | Ver este registro en EBSCOhost |
| Sumario: | Every time U.S. Congress changes federal tax laws, the IRS must update its computer system to take account of the changes. Unfortunately, the IRS computer system is so outdated—its code is written in COBOL, a language created when most businesses kept information on tape reels or punch cards—that the agency needs a window of 12 or 13 weeks before the beginning of tax season to incorporate changes into the system. Unfortunately, Congress is so late getting around to deciding on the 2007 patch for the alternative minimum tax that it risks overrunning this window. |
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