Following the markup of the Taxpayer Assistance and Service (TAS) Act, by the Senate Finance Committee, the American Institute of CPAs (AICPA) has expressed its support of the bipartisan legislation to improve tax administration and reduce the burdens on taxpayers and their preparers and encourages the Committee to continue to pass additional tax administration proposals, such as the Simplify Automatic Filing Extensions (SAFE) Act.
The TAS Act was introduced by Senate Finance Committee Chairman Mike Crapo (R-ID) and Ranking Member Ron Wyden (D-OR) and addresses several important tax provisions that the AICPA has long-advocated for, including:
- Sec. 101. Digitization of Tax Returns and Correspondence
- Sec. 102. Establishment of Dashboard to Inform Taxpayers of Backlogs and Wait Times
- Sec. 103. Expansion of Electronic Access to Information about Returns and Refunds
- Sec. 104. Expansion of Callback Technology
- Sec. 105. Expansion of Online Accounts
- Sec. 108. Individuals Facing Economic Hardships Informed of Collection Alternatives
- Sec. 405. Operations to Assist Taxpayers Experiencing Hardships During Lapse in Appropriation
- Sec. 504. Authority to Deny, Revoke, or Suspend Preparer Tax Identification Numbers
- Sec. 902. Extension of Mailbox Rule to Electronic Submissions and Payments
“The TAS Act represents an important step towards creating a more effective and taxpayer-focused tax administration system. This bill includes provisions that will strengthen taxpayer support while also helping ensure paid tax preparers meet minimal ethical and professional standards that reinforce Americans’ trust in our profession and in the tax system.” said Melanie Lauridsen, Vice President of Tax Policy and Advocacy for the AICPA.
“While we are disappointed that some important tax provisions were not included, particularly the SAFE Act, we will continue to work with members of Congress to support common-sense solutions and remain hopeful that these provisions will be addressed in future legislation. We are grateful to members of Congress for their leadership and we support continued progress on the TAS Act and future tax legislation.”
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Tags: AICPA, Income Taxes, IRS, Legislation, tas act, Taxes, taxpayer assistance
