What do forms and the IRS have in common? Everybody loves to hate ‘em.
Here’s a rare moment when the IRS could actually shine. The IRS could be super helpful and make life easier for college aid applicants by prefilling the FAFSA (Free Application for Federal Student Aid) with data from previous tax filings. That, together with a rule change, could dramatically improve the process of applying for financial aid. The improved process would lead to a form that is easier to fill out. More people would actually complete the form and more applications would be received.
Oops, new problem. Find out here why this solution probably isn’t going anywhere soon.