Wolters Kluwer Tax & Accounting Explores the Taxpayer First Act

The Taxpayer First Act legislation and its implications

Enacted on July 1, 2019, the Taxpayer First Act is considered the most significant tax legislation focused on Internal Revenue Service (IRS) reform since the IRS Restructuring and Reform Act of 1998. The Act addresses a number of issues that have arisen in the last thirty years since the 1998 legislation was enacted.

What’s in a name?

As its name implies, the Taxpayer First Act attempts in several respects to enhance taxpayer rights in dealing with the IRS. Those added rights include:

  • Making the IRS appeals process more independent
  • A requirement for the IRS to develop a comprehensive customer service strategy
  • Requiring the IRS to respond to Taxpayer Advocate Directives
  • Giving greater support to the Volunteer Income Tax Assistance (VITA) program, support for Low Income Taxpayer Clinics (LITCs) and taxpayer assistance centers (TACs), and establishing a Community Volunteer Income Tax Assistance Matching Grant Program
  • Requires the IRS to establish requirements for cybersecurity and identity protection, and gives greater rights to taxpayers who are victims of identity theft
  • Requires the IRS to develop and implement a plan for information technology enhancements and expanded access to electronic filing
  • Provides greater innocent spouse relief
  • Establishes new safeguards on the seizure of funds
  • Offers greater taxpayer protections from private tax debt collectors
  • Modifies the IRS procedures on summonses and notice with respect to third-party contacts
  • Allows the IRS to accept credit and debit card payments directly
  • Provides greater protections to whistleblowers
  • Sets new limits on access to tax returns by non-IRS employees

Expertise in changing times

Federal tax expert Mark Luscombe, JD, LL.M, CPA, Principal Federal Tax Analyst at Wolters Kluwer Tax & Accounting, is available to discuss these enhancements to taxpayer rights in dealings with the IRS.

PLEASE NOTE: The content of this article is designed to provide accurate and authoritative information in regard to the subject matter covered. The information is provided with the understanding that Wolters Kluwer Tax & Accounting is not engaged in rendering legal, accounting, or other professional services.

To read our full press release click here.

Contact: To arrange interviews with Mark Luscombe or other federal and state tax experts from Wolters Kluwer Tax & Accounting on this or any other tax-related topic, please contact:

 

MARISA WESTCOTT

212-771-0853

marisa.westcott@wolterskluwer.com

 

 

AUTHOR

Wolters Kluwer Tax and Accounting

Wolters Kluwer Tax and Accounting is a leading provider of software solutions and local expertise that helps tax, accounting, and audit professionals research and navigate complex regulations, comply with legislation, manage their businesses and advise clients with speed, accuracy and efficiency. Wolters Kluwer Tax and Accounting is part of Wolters Kluwer N.V. (AEX: WKL), a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services. Wolters Kluwer reported 2016 annual revenues of €4.3 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide. Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).

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