This bill modifies how the federal government funds low-income taxpayer clinics, which provide free tax assistance to people with limited incomes. Currently, these clinics must match federal grants dollar-for-dollar, which can be difficult for under-resourced organizations. The new law allows matching funds to include staff salaries and equipment costs, while prohibiting clinics from counting indirect expenses like overhead toward their matching requirement. The law sets the standard matching rate at 100 percent but gives the Treasury Secretary authority to lower it to as little as 25 percent if doing so would help clinics expand services to more taxpayers. The changes take effect for the calendar year following the bill's enactment.
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