Department of the Treasury

Showing 5 ideas for tag "saving money"

Department of the Treasury

Stop printing the paper dollar bill

With the advent of the golden dollar, what is the point of still printing a paper dollar bill? Folks need to be encouraged to use the golden dollar coins and the best way to encourage use is to make it the only game in town. In addition, folks are prone to saving coins (usually in a jar in their house) and may save more money in the form of dollar coins purely out of habit of emptying their coins into that jar.

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Department of the Treasury

Paper & Postage Reduction Cost - Dual Notice Requirement

Currently, any correspondence to taxpayers who file a joint return with the IRS require separate notices to the husband and wife. This results in additional costs for paper, printer, toner, postage, envelope, and other associated expenses.

While this requirement should not be eliminated entirely, the requirement should revise to allow married filing joint taxpayers to sign a waiver allowing examiners, collection officers,... more »

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Department of the Treasury

Stop printing $1 bills until stock pile of $1 coins goes down

Stop printing the ones until the stock plie of coins goes down, to the point the stockpile is "normal" inventory. Then restart printing of the dollar bill if you must. Just stopping the presidential coin program is not going to do anything for the coins in storage right now.

And I have often asked for dollar coins or half dollars a the bank and they say they dont have any. They can't circualte if you can;t get them.... more »

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Department of the Treasury

Online Taxpayer Accounts

The IRS should develop a website similar to loan or credit card agencies that allows taxpayers (individuals, businesses, payroll taxes, etc.) to create an account and login to see if and how much in taxes they still owe. These individual accounts should also include a breakdown showing returns that have been received or are still due, and what the taxes due are comprised of. For example, the year and type of Form or... more »

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Department of the Treasury

STOP End of Year Bonus

Though this may make me wildly unpopular; stop End of Year Bonuses. True everyone likes extra money however; the greater good for America is being sacrificed for each of us to receive a small bonus. Let’s face it, on “average” every civil servant gets maybe $700 totaling in the millions; funds that could be better used applied to the debt or elsewhere. I’m certainly not a rich civil servant but I have a roof over my head,... more »

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