Bill > S1054

This bill, the IRS Improper Payments Act, aims to reduce improper tax payments made by the Internal Revenue Service (IRS) through increased transparency, accountability, and policy proposals. The key provisions include: 1. Defining "improper tax payment" as any credit or refund of an overpayment of a tax under the Internal Revenue Code that should not have been made or was made in an incorrect amount. 2. Requiring the Secretary of the Treasury to establish annual targets for reducing improper tax payments and publish information on the IRS's rates and amounts of improper tax payments, recovery of such payments, and the causes of the improper payments. 3. Designating an official at the IRS to be accountable for meeting the reduction targets without unduly burdening taxpayer services, and requiring the official to provide Congress with reports on the methodology, plans for meeting the targets, and plans for ensuring initiatives do not burden taxpayer services. 4. Tasking the Treasury Inspector General for Tax Administration with assessing the risk of improper tax payments and providing recommendations to the IRS. 5. Requiring the Secretary of the Treasury to develop policy recommendations, including potential legislative proposals, to further reduce improper tax payments caused by error, waste, fraud, and abuse.

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https://www.congress.gov/bill/118th-congress/senate-bill/1054/all-info