The top Senate tax writers released new legislation Thursday to address a wide range of tax administration and procedure issues at the IRS.
The legislation builds on last year’s discussion draft and includes changes to a sweeping set of changes to tax collection procedure. It includes a sweeping set of changes to tax collection procedure, administration, and due process, Finance Committee Chair Mike Crapo (R-Idaho) and ranking member Ron Wyden (D-Ore.) said announcing the legislation. The proposal also retains provisions aimed at giving the IRS power to regulate tax return preparers.
“The process of filing your tax return and receiving ...