Bill > S4549

This bill, titled the Internal Revenue Service Math and Taxpayer Help Act of 2024 or the IRS MATH Act of 2024, seeks to amend the Internal Revenue Code of 1986 to require additional information on math and clerical error notices sent by the Internal Revenue Service (IRS) to taxpayers. The key provisions of the bill include: (1) requiring the IRS to provide more detailed and comprehensive information in the error notices, including the type of error, the specific section of the tax code it relates to, a description of the error, and an itemized computation of any adjustments to be made to the taxpayer's return; (2) requiring the IRS to include the telephone number for the automated phone transcript service and the date by which the taxpayer may request an abatement of the assessment; (3) prohibiting the IRS from providing a list of potential errors and instead requiring specific errors to be listed; (4) requiring the IRS to provide a notice to the taxpayer upon determination of an abatement, which includes a description of the abatement and an itemized computation of any adjustments; and (5) directing the IRS to establish procedures for taxpayers to request an abatement and implement a pilot program to send a portion of the error notices by certified or registered mail with e-signature confirmation of receipt.