Bill > S1386

This bill aims to strengthen taxpayer rights and protections for small businesses by introducing several key reforms to the Internal Revenue Code. The legislation increases penalties for IRS employee misconduct, expands damages and protections for taxpayers, and introduces new procedural safeguards. Specifically, the bill increases monetary penalties for unauthorized disclosures of taxpayer information, allows small businesses to more easily recover legal costs in tax disputes, extends the time to bring civil actions against the IRS, and prohibits IRS employees from raising new issues during appeals. The bill also introduces provisions to protect principal residences from liens, requires the Treasury Inspector General to review IRS selection criteria for potential discrimination, establishes a 10-year term limit for the National Taxpayer Advocate, and creates a new tax deduction for expenses related to certain IRS audits. Additionally, the bill bans ex parte communications in appeals, provides taxpayers with the right to an independent conference, and expands alternative dispute resolution procedures. These provisions are designed to make the tax system more fair and transparent for small businesses by providing additional protections and reducing potential abuses of power by IRS employees.

Budget and Finance

https://www.congress.gov/bill/119th-congress/senate-bill/1386/all-info