AICPA Expresses Strong Support for Bipartisan Discussion Draft to Improve IRS Administration
Washington, D.C. (January 30, 2025) – The American Institute of CPAs (AICPA) applauds the release of the bipartisan Taxpayer Assistance and Service (TAS) Act discussion draft, containing 65 provisions to meaningfully reduce the burdens on taxpayers and their preparers. The discussion draft, released by Senators Mike Crapo (R-ID) and Ron Wyden (D-OR), addresses critical tax provisions the AICPA has previously advocated for. The AICPA strongly supports and endorses the following provisions found in the TAS Act:
Sec. 101. Scanning and Digitization of Tax Returns and Correspondence.
Sec. 102. Establishment of Dashboard to Inform Taxpayers of Backlogs and Wait Times.
Sec. 103. Expansion of Electronic Access to Information about Refunds.
Sec. 104. Expansion of Callback Technology and Online Accounts.
Sec. 105. Improvement of Notices of Math or Clerical Error.
Sec. 108. Individuals Facing Economic Hardships Informed of Collection Alternatives.
Sec. 112. Postponement of Certain Deadlines by Reason of Disasters Made Applicable to Limitation on Credit or Refund.
Sec. 116. Modification of Rules for Postponing Certain Deadlines by Reason of Disaster.
Sec. 405. Operations to Assist Taxpayers Experiencing Hardships During a Lapse in Appropriation.
Sec. 504. Authority to Deny, Revoke, or Suspend Preparer Tax Identification Numbers.
Sec. 903. Quarterly Installments for Estimated Income Tax Payments by Individuals.
Sec. 904. Establishment of a Failure-to-Pay Penalty Safe Harbor for Individuals.
Sec. 905. Extension of Mailbox Rule to Electronic Submissions and Payments.
“We are grateful to Senators Crapo and Wyden for putting together a thoughtful package that will provide much-needed support to taxpayers,” said Melanie Lauridsen, Vice President of Tax Policy and Advocacy for the AICPA. “When passed, the TAS Act will be one of the most significant tax packages we will have seen in recent years. It will be instrumental in establishing a foundation that helps simplify some of the laborious tax filing processes and allows taxpayers to better meet their tax obligations. We look forward to working with the Senators Wyden and Crapo as this discussion draft moves forward.”
About the American Institute of CPAs
The American Institute of CPAs (AICPA) is the world’s largest member association representing the CPA profession, with 400,000 members in the United States and worldwide, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting. AICPA sets ethical standards for its members and U.S. auditing standards for private companies, not-for-profit organizations, and federal, state and local governments. It develops and grades the Uniform CPA Examination, offers specialized credentials, builds the pipeline of future talent and drives continuing education to advance the vitality, relevance and quality of the profession.
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Contact: Veronica L. Vera
202-434-9215
Veronica.Vera@aicpa-cima.com