Negative
23Serious
Neutral
Optimistic
Positive
- Total News Sources
- 1
- Left
- 0
- Center
- 1
- Right
- 0
- Unrated
- 0
- Last Updated
- 1 day ago
- Bias Distribution
- 100% Center


House Passes Bipartisan Bills to Reform IRS Tax Administration
The U.S. House of Representatives has unanimously passed four bipartisan bills aimed at improving the Internal Revenue Service's (IRS) operations and taxpayer experience. Among these, H.R. 1152, the Electronic Filing and Payment Fairness Act, allows the IRS to record electronic submissions on the day they are submitted, while H.R. 998, the IRS Math and Taxpayer Help Act, mandates clearer communication regarding clerical or mathematical errors, requiring notices to be in plain language and detailing the error's specifics. Additionally, the Filing Relief for Natural Disasters Act (H.R. 517) will provide tax relief more promptly following state disaster declarations, expanding filing extensions from 60 to 120 days. The American Institute of CPAs has endorsed these bills, emphasizing their potential to simplify processes and protect taxpayers from penalties. These developments are seen as significant steps toward enhancing transparency and fairness in tax administration. The bills await consideration in the Senate.

- Total News Sources
- 1
- Left
- 0
- Center
- 1
- Right
- 0
- Unrated
- 0
- Last Updated
- 1 day ago
- Bias Distribution
- 100% Center
Negative
23Serious
Neutral
Optimistic
Positive
Related Topics
Stay in the know
Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Gift Subscriptions
The perfect gift for understanding
news from all angles.