IRS Compliance Made Easy: Avoid IRS Penalties in 2-Minutes | Broken Healthcare Podcast #88

Sanju Sriram on fixing one of the most overlooked problems in business: IRS compliance.Why do so many companies miss required filings? Why are IRS forms so difficult to understand? And what would it take to simplify a system that frustrates even experienced professionals?In this episode of Broken Healthcare, Ray sits down with Sanju — CEO of Simple Tax Suite — to talk about her journey from Silicon Valley gaming engineer to building an IRS-authorised platform that has processed more than 5 million filings.🔗 Learn more: https://simple720.com/ - Use code BROKEN for 10% off#BrokenHealthcare #TaxCompliance #IRS #Fintech #HealthcareCompliance #EmployerBenefits #CFO #BusinessFinance #Startup #Podcast 0:00 Intro + Why IRS Compliance Confuses Businesses 2:05 Sanju’s Background (Gaming + Engineering Journey) 5:10 How She Got Into Tax Technology 7:15 The Moment IRS Forms Didn’t Make Sense 10:05 Partnering With the IRS 13:10 Identifying the Compliance Gap 16:00 What Businesses Get Wrong About Reporting 19:30 What Is PCORI (Explained Simply) 23:15 Who Needs to File + Deadlines 27:00 Why Companies Miss Required Filings 30:10 Paper Filing vs Electronic Reality 33:20 Avoiding Penalties & Getting It Right 37:10 Forms Explained (720, ACA, 5500, 5330) 41:45 Working With Brokers, TPAs & Employers 46:30 Small Businesses vs Enterprise Clients 50:10 AI + Automation in Compliance 54:30 The Future of Tax Compliance 58:20 Final Thoughts Hosted on Acast. See acast.com/privacy for more information.