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
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