Do you have a great idea that could reinvent the taxpayer experience? The IRS wants to know about it.
The IRS is launching a three-week competition for the public to “imagine the taxpayer experience of the future,” according to a news release. The first-ever Tax Design Challenge seeks to crowdsource innovative designs for an online experience that better organizes and presents a person’s tax information so an individual can manage their taxes and make informed personal finance decisions.
“Crowdsourcing is a new activity for the IRS, but we believe working with citizens and the private sector will help support innovation in an important area for the nation’s tax system,” said IRS Commissioner John Koskinen. “The Tax Design Challenge reflects our commitment to find the best ideas and plan for a future state of tax administration that works well for taxpayers and our partners.”
Designers, developers and innovative thinkers are encouraged to participate. Submissions will be accepted starting April 17. The competition ends May 10. To register, visit www.taxdesignchallenge.com.
During the competition, participants will have opportunities to engage and network with policy experts, strategists and designers from government and non-government organizations.
A review panel will select winners of monetary awards for the following categories:
Overall Design: $10,000 (1st) and $5,000 (2nd)
Best TaxPayer Usefulness: $2,000 (1st) and $1,000 (2nd)
Best Financial Capability: $2,000 (1st) and $1,000 (2nd)
Give it a shot! You may have what it takes to create the taxpayer experience of the future.