CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. US Congress Passes IRS Reform Bill

US Congress Passes IRS Reform Bill

by Mike Godfrey, Tax-News.com, Washington

21 June 2019


On June 13, 2019, the US Senate approved the Taxpayer First Act, which is intended to overhaul the Internal Revenue Service and strengthen taxpayer rights.

According to a statement issued by Senate Finance Committee Chairman Chuck Grassley (R-IA), the Taxpayer First Act, which was approved by the House of Representatives on June 10, 2019, will:

  • Establish an independent office of appeals within the IRS;
  • Require the IRS to submit to Congress plans to redesign the structure of the agency to improve efficiency, modernize technology systems, enhance cyber security, and better meet taxpayer needs;
  • Include a number of provisions to help protect taxpayers from tax ID theft and improve taxpayer interaction with the IRS should they become a victim of this crime;
  • Expand to all taxpayers an IRS program that currently only allows victims of tax ID theft to obtain a personalized PIN that better secures their identity;
  • Put in place new safeguards to protect taxpayers against recent IRS enforcement abuses of so-called "structuring laws";
  • Improve the IRS whistleblower program by:
    • authorizing the IRS to communicate with whistleblowers during the processing of their claims, while also protecting taxpayer privacy; and
    • extending anti-retaliation provisions to IRS whistleblowers that are presently afforded to whistleblowers under other whistleblower laws;
  • Modify the private debt collection program to ensure lower-income Americans are not targeted, while also strengthening the long-term viability of the program; and
  • Codify the successful Volunteer Income Tax Assistance (VITA) program, allowing the IRS up to USD30m for matching grants to qualifying tax preparation sites.

The legislation must be approved by the President before becoming law.

TAGS: Finance | tax | law | Internal Revenue Service (IRS) | enforcement | legislation | United States | Tax

To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »