IRS Modernization Bill Approved by Senate Panel

IRS modernization bill approved by Senate panel

WASHINGTON — The Senate Finance Committee advanced a bipartisan tax administration package Thursday aimed at modernizing the IRS, improving customer service and strengthening taxpayer rights.

Tech-focused taxpayer services bill clears Senate Finance Committee

A tech-heavy piece of bipartisan legislation aimed at improving taxpayer services advanced out of the Senate Finance Committee on Thursday, teeing the bill up for consideration by the full chamber. The Taxpayer Assistance and Service Act (S.3931) has more than 60 provisions and was an all-hands-on-deck endeavor from the Senate Finance Committee, led by Chairman Mike Crapo, R-Idaho, and ranking member Ron Wyden, D-Ore. “This bipartisan bill moder…