Bill > S1575

This bill aims to improve tax administration processes in the Commonwealth by requiring tax return preparers to adhere to due diligence standards when determining eligibility for or the amount of certain tax credits, including the completion of a specific form modeled after an IRS form, and mandates that all notices issued to taxpayers clearly explain any denial of abatement, intent to assess, and available taxpayer options. Additionally, the bill requires the Department of Revenue to provide at least two days of in-person field audit assistance monthly at designated regional offices and to annually assess and report on personnel needs for this function, with the Commissioner of Revenue tasked with adopting or amending related rules and regulations by December 31, 2015.