Prof. Pratt quoted about impact on IRS of fiscal-cliff deal on Marketplace

Professor Katie Pratt discussed the challenges faced by the IRS on implementing new tax laws on Marketplace:

Tax scholar Katie Pratt at Loyola Law School says, with 90,000 employees, the IRS is not a nimble operation. It takes weeks to re-program its computers, and print new forms. And the IRS may not be ready to process returns until March, meaning crunch time gets shorter and way more crunchy.

"March 20 to April 15 crunch, unless Congress extends the deadline for filing, which would be unprecedented," says Pratt.

She says uncertainty makes the IRS more, well, taxed. With less time to do the same amount of work, things slip through the cracks.  And that leads to more tax fraud.