The U.S. House Ways and Means Committee today approved a slate of IRS restructuring and taxpayer protection bills. The bills had bipartisan support.
The bills will be reported to the full House for possible future consideration.
H.R. 5444, The Taxpayer First Act, estimated by the Joint Committee on Taxation to decrease revenues by approximately $52 million over 10 years, contains proposals that would:
In addition, the bill includes proposals relating to other matters such as innocent spouse relief; “John Doe summons;” the IRS use of private debt collection with regard to lower income taxpayers; the issuance of designated summons; access of third parties to taxpayer information; Taxpayer Assistance Directive procedures; various modifications to U.S. Tax Court administrative matters; IRS customer service and the IRS Free File Program; and the low-income taxpayer exception regarding user fees and partial upfront payments related to offers-in-compromise.
H.R. 5445, The 21st Century IRS Act, contains a number of proposals including items related to cyber security and identity protection; IRS information technology and electronic systems; and modernization of the consent-based income verification system.
Other bills approved by the Ways and Means Committee today include:
The Joint Committee on Taxation provided descriptions and revenue estimates of these bills (JCX-9-18 through JCX-28-18). Read these reports on the JCT website.
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