They like that
Dan John, tax policy manager for the Idaho Tax Commission, had a pretty easy sell when he pitched HB 537 to the House Revenue and Taxation Committee. Why? He was able to tell the committee this:
The returns in question are quarterly reports filed by employers, in regard to tax they pay in monthly payments. Those “reconciliation” reports could just as easily come in annually, John said. “What we’re actually interested in is the money.” The quarterly filings just take up time, he said.
Needless to say, the committee voted unanimously to pass the bill.
“This will eliminate the filing of about 100,000 returns that are really unnecessary.”
The returns in question are quarterly reports filed by employers, in regard to tax they pay in monthly payments. Those “reconciliation” reports could just as easily come in annually, John said. “What we’re actually interested in is the money.” The quarterly filings just take up time, he said.
Needless to say, the committee voted unanimously to pass the bill.
* This story was originally published as a post from the blog "Eye On Boise." Read all stories from this blog