The AICPA said it supports the bipartisan Taxpayer Assistance and Service (TAS) Act discussion draft that two senators released Thursday, Jan. 30, and especially backs 13 of the 65 provisions designed to reduce burdens on taxpayers and tax preparers.
The discussion draft, released by Sens. Mike Crapo, R-Idaho, chair of the Senate Finance Committee, and Ron Wyden, D-Ore., ranking Finance Committee member, reflects nonpartisan proposals recommended by the national taxpayer advocate (NTA) along with stand-alone bills that members of Congress have introduced, the senators said in a news release.
The draft legislation is "designed to facilitate communication between the agency and taxpayers, streamline processes for tax compliance and disputes, and ensure taxpayers have access to timely expert assistance," Crapo and Wyden said.
The AICPA highlighted provisions that have its strongest support. Those provisions deal with tax filing by victims of disasters, electronic notices, and callback technology. Read more.