A bipartisan tax bill that could improve tax administration and reduce burdens for taxpayers advanced out of the Senate Finance Committee on July 30. The Taxpayer Assistance and Service Act would, among other things, expand digital services, increase transparency about processing delays and wait times, add more callback options and provide additional relief for some taxpayers facing financial hardship. It would also strengthen oversight of tax return preparers and enhance services provided by the Taxpayer Advocate Service. The bill now moves to the full Senate for consideration. We’ll continue to monitor its progress and keep you informed.
