This bill requires the IRS to send quarterly notices to taxpayers who have unpaid tax balances, increasing the frequency from the current annual requirement. Each notice must include an estimate of penalties and interest that will accumulate if the debt remains unpaid and information about assistance programs available to help taxpayers resolve their obligations. The requirement does not apply to taxpayers who are already on a payment plan, have an accepted offer-in-compromise, or whose tax debt has been deemed uncollectible by the IRS. The changes take effect 24 months after the bill becomes law, giving the IRS time to implement the new notification system. This legislation aims to improve transparency and keep taxpayers regularly informed about their delinquent tax debts and available options to address them.
Take Action
Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.