A bill to amend the Internal Revenue Code of 1954 to suspend the imposition of interest on a deficiency of income taxes which results from an error of an employee of the Internal Revenue Service.
Taxpayer Assistance Fairness Act - Amends the Internal Revenue Code to suspend interest on tax deficiencies resulting from advice obtained from Internal Revenue Service taxpayer assistance programs. Provides for the availability of written confirmations of certain oral advice given under these programs.
Directs the Secretary of the Treasury to make annual reports on interest suspensions and taxpayer service errors. Orders the Secretary to make an efficiency report on the programs to certain Congressional Committees within six months after this enactment.
Introduced in Senate
Referred to Senate Committee on Finance.
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