Fort Myers, FL (Vocus) March 25, 2010
The current tax system, particularly the income tax system, has reached the stage of complexity where experts are unable to agree on how to handle tax matters. A former revenue agent, defense tax attorney, and now author, John J. Vassen, reveals a failing tax system in Tax Cheating: The American Way And A Tax for Healthcare.
In this provocative book, readers can learn about the complexity of the income tax system and the dire need of change. To illustrate this point, Vassen refers to the study that Money Magazine prepared a few years ago, with a hypothetical set of data upon which tax returns were to be prepared—which were then submitted to twenty tax preparers: CPAs, accountants, and others. The astounding result was that no two of the twenty arrived at the same amount of tax to be paid on the same set of facts, and the spread between the highest and lowest among taxes to be paid was approximately $10,000.
The author believes that Congress apparently does not realize that the system is beginning to be ignored by taxpayers. Taxpayers are dealing in cash, an estimated of 25% which is not being reported. The IRS cannot audit all the taxpayers that deal in cash; Congress needs to replace the system in order to be fair to those taxpayers who do pay their taxes especially those whose income is exclusively from wages. Vassen proposes replacing the current federal income tax system with a simplified tax system that has a flat tax or a national sales tax. As readers browse through the pages, they’ll discover more insights about the IRS that will enlighten them.
Tax Cheating: The American Way And A Tax for Healthcare is a compelling read dedicated to those employees of the Internal Revenue Service who have a very difficult job to perform. The author hopes that through his eye-opening work, the government would provide the necessary tools in order to do their job accurately, fairly, and completely. If the necessary tools like funds to hire staffing and updated computer systems are available, a fair tax system will then result. For more information on this book, log on to Xlibris.com.
About the Author
John J. Vassen is an attorney licensed in Illinois and Missouri and a certified public accountant licensed in Illinois and Arizona. He has previous experience with the Internal Revenue Service as an agent, instructor in taxation, and hearing officer. He also worked while employed by the Internal Revenue service as an agent in the Organized Crime Drive Program controlled by the Attorney General Robert Kennedy. He is a member of the law firm, Vassen PC. He has authored several works like Professional Corporations and Alternatives, Fringe Benefits and more.
Tax Cheating * by John J. Vassen
The American Way And A Tax for Healthcare
Publication Date: October 27, 2009
Trade Paperback; $19.99; 172 pages; 978-1-4415-8927-9
Trade Hardback; $29.99; 172 pages; 978-1-4415-8928-6
eBook; $9.99; 978-1-4500-0191-5
Members of the media who wish to review this book may request a complimentary paperback copy by contacting the publisher at (888) 795-4274 x. 7479. To purchase copies of the book for resale, please fax Xlibris at (610) 915-0294 or call (888) 795-4274 x. 7876.