IRS officials need to improve their implementation of President Obama’s health care overhaul, according to a new report from the Treasury Inspector General for Tax Administration.
“The IRS must ensure that all the information needed to accurately and effectively administer these provisions is provided by employers, insurers, and taxpayers,” inspector general J. Russell George said in a statement on the report. “By doing so, the IRS can significantly improve its ability to manage the responsibility placed on employers, insurers, and taxpayers who must comply with the various Affordable Care Act requirements, and also improve its ability to accurately administer ACA fees, penalties, and tax credits.”
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