IRS to Provide Detailed Explanations for Tax Return Errors Under New Bipartisan Bill
In a bipartisan effort led by Senators Elizabeth Warren (D-Mass.) and Bill Cassidy (R-La.), along with Representatives Randy Feenstra (R-Iowa) and Brad Schneider (D-Ill.), a new bill aims to revolutionize the way the IRS handles tax return errors. The proposed legislation, dubbed the IRS Math and Taxpayer Help Act of 2024, demands greater transparency from … Read more