Senators Introduce IRS Reform Bill

IRS
Congress is considering reforms to the IRS.

Two Senators have introduced a bill they say will reform some parts of the IRS and help low-income taxpayers.

Sens. Rob Portman, R-Ohio, and Ben Cardin, D-Md., last week introduced the Protecting Taxpayers Act.  The bipartisan legislation focuses on improving the organizational structure of the IRS and making it easier for small businesses and retirement plan administrators to comply with the tax code.

“Americans work hard every day to provide for themselves and their families, and, as taxpayers, the federal government works for them,” Portman said in a release.  “Too often, however, the federal government isn’t responsive to the needs of the people it serves, and the IRS has not always served the interests of taxpayers.  It has been 20 years since the last significant IRS reform, and it is time to update the agency once again. The bipartisan Protecting Taxpayers Act will restructure and reform the IRS to make it more responsive and accountable to the needs of taxpayers and help restore Americans’ faith in this agency.”

The bill from Portman and Cardin, both members of the Senate Finance Committee, aims to complement  legislation by Sens. Orrin Hatch, R-Utah, and Ron Wyden, D-Oregon, that, among other things, boosts whistleblower protections and increases scrutiny of audit criteria.

“Our tax system is complicated, and the Protecting Taxpayers Act will continue the work of modernizing tax administration so the IRS can operate more efficiently and provide improved service to taxpayers,” Cardin said.  “Americans of all income levels deserve a responsive, effective IRS, and the updates contained in this bipartisan bill will help keep the IRS on that path.” 

According to The Hill:

Lawmakers in both parties have been interested in making improvements to the IRS so that it better helps taxpayers. And Republicans have viewed reforming the IRS as a way to build upon the tax-cut law they passed last year. The House passed its own bipartisan IRS revamp bill in April.

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