If you followed my comments on the health care reform, one of my concerns was that much of the monitoring and regulations was going to fall in the lap of the IRS. Now if you have ever tried to deal with the IRS on a question, you know how frustrating it can be. Imagine that they were going to be responsible for your health care. Now according to an article in the US News and World Report, the IRS is going to be expanding.
The USNews.com reports that "says it will need an battalion of 1,054 new auditors and staffers and new facilities at a cost to taxpayers of more than $359 million in fiscal 2012 just to watch over the initial implementation of President Obama's health care reforms." The story notes that "among the new corps will be 81 workers assigned to make sure tanning salons pay a new 10% excise tax." Of course, the new health care program "won't be fully implemented until about 2014."
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We will keep watching this for you.
Larry Kopsa CPA
