Earlier this year, a significant step toward modernizing tax processes was taken with the introduction of the Taxpayer Assistance and Service or “TAS” Act. This groundbreaking discussion draft, released by Senator Mike Crapo, chairman of the Senate Finance Committee, and … Read More
NTA Blog
TAS Act Would Eliminate Installment Agreement Fees for Low-Income Taxpayers
NTA Blog: Eliminate Installment Agreement Fees for Low-Income Taxpayers Based on Current Income Introduction on TAS Act and Installment Agreement Fees On January 30, 2025, Senators Mike Crapo, Chairman of the Senate Finance Committee, and Ron Wyden, the Committee’s … Read More
The TAS Act Strikes a Reasonable Balance on Return Preparer Oversight
Introduction On January 30, 2025, Senators Mike Crapo, Chairman of the Senate Finance Committee, and Ron Wyden, the Committee’s ranking member, jointly introduced a discussion draft of the Taxpayer Assistance and Service (“TAS”) Act. This proposed legislation represents a comprehensive … Read More
Proposed TAS Act Provision to Allow Taxpayers to Bring Refund Suits in the Tax Court Will Be a Game-Changer For Taxpayers
Preparing and filing tax returns can cause anxiety and confusion, but resources are available to help you timely and accurately meet your filing requirements. Free filing and assistance are available through the Volunteer Income Tax Assistance (VITA) and Tax Counseling … Read More
How to Get Assistance During the Filing Season
Preparing and filing tax returns can cause anxiety and confusion, but resources are available to help you timely and accurately meet your filing requirements. Free filing and assistance are available through the Volunteer Income Tax Assistance (VITA) and Tax Counseling … Read More
What to Know if You’ve Been Affected by a Federally Declared Disaster
Each year, disasters affect hundreds of thousands of people and businesses. These disasters can upend every aspect of an affected individual’s life, including damage to, or destruction of, their home, business, and critical documents. To assist taxpayers, the president may … Read More
Is This the Year You Finally Get a Form 1099-K?
This filing season, many taxpayers will — for the first time ever — receive a Form 1099-K, Payment Card and Third Party Network Transactions. The IRS now requires certain payment apps and online marketplaces to send you this form if … Read More
National Taxpayer Advocate Celebrates the 50th Anniversary of the Earned Income Tax Credit
Celebrating 50 Years of the Earned Income Tax Credit Tax year (TY) 2025 marks the 50th anniversary of the Earned Income Tax Credit (EITC). The Tax Reduction Act of 1975 introduced the EITC as a modest tax break to provide … Read More
Senate Finance Committee Chairman Crapo and Ranking Member Wyden Release Discussion Draft of “Taxpayer Assistance and Service Act”
Earlier today, Senator Mike Crapo, chairman of the Senate Finance Committee, and Senator Ron Wyden, the committee’s ranking member, jointly released a discussion draft of a broad and sweeping bill titled the Taxpayer Assistance and Service, or “TAS,” Act. The … Read More
Identity Theft Awareness and Update on IRS Processing of Identity Theft Victim Assistance Cases
Identity theft is a constant threat that can happen to anyone. As the saying goes: an ounce of prevention is worth a pound of cure. With the annual filing season beginning this week, it is a good time to highlight … Read More