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The Future of Your Taxes

income tax, tax news, IRS | April 04, 2016 image description
income tax, tax news, IRS | April 04, 2016

How many times have you looked at the American income tax process and thought, “Well, heck, I could come up with something better than that!”

Now’s your chance.

The IRS has kicked off what it calls the “Tax Design Challenge,” to come up with “the taxpayer experience of the future.” And to get your little grey cells into overdrive, the Mortgage Bankers Association (MBA) is offering a $10,000 cash prize for the winner. Second place is worth $5,000.

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