Bill > HR1491

This bill amends the Internal Revenue Code to provide additional flexibility for taxpayers affected by disasters by modifying two key provisions related to tax filing and collection deadlines. Specifically, the bill changes how the Internal Revenue Service (IRS) handles time extensions during disaster situations. First, it allows any period that is disregarded for filing a tax return due to a disaster to be treated as an official extension of the filing deadline when calculating the time limit for claiming a tax credit or refund. Second, the bill requires the IRS to take into account disaster-related postponements when determining the final date for tax payment and sending collection notices. These changes mean that taxpayers impacted by disasters like significant fires, terrorist actions, or military actions will have more time to file returns and resolve tax issues without being penalized. The amendments will apply to claims and notices filed or issued after the date the Act is enacted, providing immediate relief to affected taxpayers.

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-bill/1491/all-info