India, April 1 -- The US of Representatives passed a bipartisan bill that aims to increase transparency in the Internal Revenue Service's (IRS) management of tax return mistakes.
According to critics, taxpayers face a challenging process after receiving a notification of a mathematical or administrative error. The the IRS is permitted to modify tax responsibilities without starting an examination. It can also send automated letters that frequently lack specificity and may result in unanticipated payments or reductions in refunds.
Proponents of the proposed legislation claim that it fills a long-standing communication gap with taxpayers, eliminate needless financial burden and reduce misunderstanding about their filings.
Randy Feenstra,...
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