Stephen Michael Kellat

Stephen Michael Kellat at

Oh, Senator Warren's office is missing some interesting points about other blockers that come from the Congress itself. One of those just got fixed this year and had ADP as well as other payroll processors in an uproar. Would you believe that it is only this year that your W-2 and 1099 series information is due to CAWR on the same due date as getting it to you? Previously they had six more months to send that crap in. If the Combined Annual Wage Reporting unit (W-2 data goes to Social Security first then it goes to IRS) is only just now in 2017 getting the data same time as taxpayers due to draconian legislation put forward by Congressman Jim Renacci of Ohio...everything else would take some time.

There are some temporal mechanics that that report kinda overlooks. Nice ideas and all but we'd really have to adopt what the UK is doing with live reporting per paycheck. That's actually a pretty hard burden for small employers. ADP and some accounting firms have been complaining about getting all the wage & income documents out the door on time or else they face $50 fines per person if the information is late.

Congress is complicit in things taking time too. Checks and balances in play especially when a Senator's staff overlooks the role of Congress in screwing up the mechanics of something.