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Share this article Share this article ARLINGTON, Va., Dec. 14, 2020 /PRNewswire/ Bloomberg Tax & Accounting today announced that it was selected by the IRS for a multi-year contract award to provide the agency with its Corporate Tax Analyzer and Income Tax Planner software tools. As recipient of this award, Bloomberg Tax & Accounting provides IRS users with access to the Corporate Tax Analyzer software to calculate corporate taxpayers liability in audit scenarios by applying complex tax rules over multiple years. Additionally, this award provides IRS users access to the Bloomberg Tax & Accounting Income Tax Planner software, which allows the application of complex tax rules over multiple years to calculate individual taxpayers liability. ....
These lines have been hundreds of people here all day. greenburgh is in west chester county. one of the highest property tax counties in the country. and people have been showing up since yesterday. a lot of people have questions. i didn t talk to my tax planner. i just showed up here. went to the town tax collector s office and said how much do i owe? this is to figure out what your bill is. the other line is to go pay that bill. people have blank checkbooks ready to write them out. the town supervisor has been here bombarded by questions. it s confusion because the town says you can pay your town taxes but a west chester county executive says we ll not give you a bill for next year and the governor, governor cuomo, a democrat, said we want those towns to accept these payments. it s a mix between your town, county, state. they all have different rules. trying to get them to all come together is confusing people. people walking in here with ....
Highest number there. that is correct. i think the question of the wisdom of crowds where people sense generally the process, the fact that there have been no hearings. the fact they haven t waited for any detailed analysis. the fact that you can t sit with your tax planner and try to figure out what this is going to mean for you suggests that something is happening that is a little bit untoward. and i think they are probably right. whenever you hear the alternative minimum tax, that is code for whatever else you did as far as your deductions, however you structured your life, you re going to pay anyway. people understand that. i think with the state and local deductibility, people sense that the value of on your home is going to be repriced. they did keep the mortgage deduction. they changed the rate to ....
Words, reform and cut. yesterday we talked about a very robust program where we re going to have reform and cuts. we need to simplify the tax system in the united states. we need to it be able to have american citizens to back to their kitchen table to do their taxes. it shouldn t be where you have to hire a tax planner or buy some software to do your taxes. should be able to do them at your kitchen table. take your income and tax rate, pay the government if you owe us any money. steve: we like the idea of making it simpler. gary cohn, thank you very much. you have to go to cincinnati to fix the waterways. get your hard-hat. thank you. ainsley: sinned it over to jillian for headlines. good morning to you guys, you at home as well. we ll get you caught up this hour. new york city will spend 2million taxpayer dollars to give illegal immigrants free lawyers. it will be offered to anyone facing deportation even convicted serious crimes. new york mayor de blasio does ....