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Why it matters

Project Statement: Evaluate Form 1040 Simplified: U.S. Individual Income Tax Return and Schedules. Determine if the form and Schedules clearly communicates the appropriate guidance to public.

Goal Statement: The goal of this project is to review and make recommendations to the IRS that will enhance customer service and improve the taxpayers’ experience.

Why it matters

Project Statement: Prior to the TCJA, all the income of a tax-exempt organization derived from its unrelated trades or businesses was netted with all the losses from such trades or businesses.

Treasury had expressed concern that some tax-exempt organizations may be establishing separate unrelated trades or businesses for the purpose of netting gains from one such business with losses from another and thereby reduce their tax exposure.

Goal Statement: The amended law requires that each unrelated trade or business calculate its gains or losses independently of the other unrelated trades or businesses. This rule now eliminates the access of the netting practice which taxable corporations continue to be able to use. This leaves open the question of which businesses are unrelated for purposes of Code §512(a)(6)(A).

Why it matters

Project Statement: Evaluate the Instructions for the 1040 NR-EZ Instructions – U.S. Income Tax Return for Certain Nonresident Aliens With No Dependents. Determine if the instructions clearly communicates the appropriate guidance to public.

Goal Statement: The goal of this project is to review and make recommendations to the IRS that will enhance customer service and improve the taxpayers’ experience.

Why it matters

Project Statement: Determine if Publication 541, Partnerships, clearly communicates appropriate guidance to the public.

Goal Statement: The goal of this project is to review and make recommendations to the IRS that will enhance customer service and improve the taxpayer’s experience

Why it matters

Project Statement: Evaluate Publication 5292, How to Calculate Section 965 Amounts and Elections Available to Taxpayers. Determine the if Publication clearly communicates appropriate guidance to the public.

Goal Statement: The goal of this project is to review the publication and make recommendations to the IRS that will enhance customer service and improve the taxpayer’ experience.

Why it matters

Project Statement: Evaluate if a different style of the 1099 Misc. forms can be sent to the taxpayer.

Goal Statement: The goal of this project is to recommend to the IRS that updated printing forms be sent to the taxpayer which will enhance customer service and improve the taxpayer’s experience.

Why it matters

Project Statement: Determine if the Form and Instructions clearly communicates appropriate guidance to the public.

Goal Statement: The goal of this project is to review and make recommendations to the IRS that will enhance customer service and improve the experience of taxpayers.

Why it matters

Project Statement: Evaluate Schedule C (Form 1040) Profit or Loss From Business and Instructions. Determine if the form and Schedules clearly communicates the appropriate guidance to public.

Goal Statement: The goal of this project is to review and make recommendations to the IRS that will enhance customer service and improve the taxpayers’ experience.

Why it matters

Project Statement: Evaluate the Form and Instructions for the Schedule 8812 (Form 1040) Additional Child Tax Credit. Determine if the form and instructions clearly communicate the appropriate guidance to public.

Goal Statement: The goal of this project is to review and make recommendations to the IRS that will enhance customer service and improve the taxpayers’ experience.