Bill Would Require IRS to Notify Taxpayers if Requesting Private Financial Info
- A new bill would require the IRS to notify taxpayers of specific information it seeks from third parties at least 45 days prior to requesting it.
- John Barrasso stated that the bill aims to protect taxpayer privacy and reputation, increasing IRS transparency.
- Currently, the IRS informs taxpayers when contacting third parties but does not disclose the specific information being sought.
- If passed, the bill would be enacted within 12 months, although its impact on IRS processing times is unclear.
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26 Articles
26 Articles
Bipartisan bill would require IRS to notify taxpayer if seeking private financial info
Taxpayers will have more control over how the Internal Revenue Service acquires their personal information if a newly-introduced bill becomes law. The bill does include an exception, however.
·Washington, United States
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Total News Sources26
Leaning Left0Leaning Right6Center5Last UpdatedBias Distribution55% Right
Bias Distribution
- 55% of the sources lean Right
55% Right
C 45%
R 55%
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