Bill > S1438

This bill modifies the Internal Revenue Code to provide additional flexibility for taxpayers affected by disasters by making two key changes. First, the bill extends the time period for filing tax returns during disasters, ensuring that any period disregarded due to a disaster is treated as an official extension of the filing deadline. This means that taxpayers impacted by disasters will have more time to file their tax returns without penalty. Second, the bill adjusts how the Internal Revenue Service (IRS) handles collection notices by requiring the agency to take into account any postponements related to disasters when determining the last date prescribed for tax payment. These changes will help taxpayers who are dealing with significant disruptions caused by disasters, such as natural catastrophes, fires, or military/terroristic actions, by giving them more time to meet their tax obligations. The amendments will apply to claims filed and notices issued after the date of the bill's enactment, providing immediate relief to affected taxpayers.

Budget and Finance

https://www.congress.gov/bill/119th-congress/senate-bill/1438/all-info