Shulman Plans to Run Balanced Program to Implement Health Care Reform

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IRS Commissioner Shulman says his agency intends to “run a balanced program” in implementing controversial provisions under the new health care reform law that require taxpayers to purchase insurance coverage and certify that they have done so on their tax returns, or face payments to the government. A big part of IRS's job will be to push out benefits available under the new law, including $400 billion in tax credits, Shulman says, stressing that none of the individual provisions come into play this year. Shulman also says IRS wants to issue guidance quickly on its new initiative to require large corporate taxpayers to report uncertain tax positions on their returns.