Why Doesnt the IRS Just Send You a Bill for Your Taxes? @NoelLorenzanaCPA
Why Doesnt the IRS Just Send You a Bill for Your Taxes?  @NoelLorenzanaCPA
Uploaded August 2023 | Updated September 2026, 1 week ago
Have you ever wondered, why doesn't the IRS just send you a tax bill? Explore this intriguing question in our latest video. We delve into the concept of pre-populated tax returns, tax reforms, and how such systems are functioning successfully in other countries.

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Hi, I'm Noel Lorenzana, a Registered CPA based in Illinois. I created this channel to help everyday people better understand money, protect their wealth, and prepare for whatever comes next through thoughtful discussions about gold and silver, wealth management, and tax strategy.

On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.

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Thanks for watching my video on, Why Doesn't the IRS Just Send You a Bill for Your Taxes?

Disclaimer: The information presented in this video is for informational and educational purposes only and should not be considered accounting, tax, legal, financial, or investment advice. Watching this video does not create a client relationship. While I strive for accuracy, I cannot guarantee that all information is complete, current, or applicable to your specific situation. Always consult with a qualified professional before making financial, tax, or investment decisions.

Affiliate Disclosure: Some links in the description may be affiliate links, which means I may earn a commission if you purchase through them at no additional cost to you. I only recommend products and services that I have personally researched, use, or believe provide genuine value to my audience.

⏱️VIDEO CHAPTERS⏱️
00:00 - Intro: Why Doesn't the IRS Send You a Bill for What You Owe?
01:02 - What Tax Reform Could Look Like in the United States
02:50 - What is a Tax Agency Reconciliation System?
04:26 - Internal Revenue Service in 2024 Prepares for a New System
05:15 - My Conclusion

Replay Video Link: youtu.be/Vu3T4ZXzOyw

#irstaxes #irs #taxes
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Noel Lorenzana, CPA |

Why Doesn't the IRS Just Send You a Bill for Your Taxes?

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