Simpler Tax Filing Act of 2017

Bill: 115-s-809
Sponsor: full_name: Sen. Shaheen, Jeanne [D-NH]
Introduced: 2017-04-04
Policy area: Taxation
Subjects: Business records

Congressional oversight

Government studies and investigations

Tax administration and collection, taxpayers
Latest action: action_date: 2017-04-04
text: Read twice and referred to the Committee on Finance.

Summaries:
action_date: 2017-04-04
action_desc: Introduced in Senate
text: <p><strong>Simpler Tax Filing Act of 201</strong><b>7</b></p> <p>This bill expresses the sense of Congress that the Internal Revenue Service should begin offering pre-prepared tax returns to as many taxpayers as possible by tax year 2022.</p> <p> The Department of the Treasury must report to the House Ways and Means Committee and the Senate Finance Committee on actions necessary to achieve the goal of offering pre-prepared tax returns to taxpayers by tax year 2022, with an analysis of the budgetary, administrative, and legislative barriers to achieving such goal, including the amount of appropriations that would be required. </p>

tv_txt: II 115th CONGRESS 1st Session S. 809 IN THE SENATE OF THE UNITED STATES April 4, 2017 Mrs. Shaheen (for herself and Ms. Warren ) introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To require the Secretary of the Treasury to study the feasibility of providing certain taxpayers with an optional, pre-prepared tax return, and for other purposes.

1. Short title This Act may be cited as the Simpler Tax Filing Act of 2017 . 2. Sense of Congress It is the sense of Congress that— (1) the Secretary of the Treasury should provide as many taxpayers as possible with the option of receiving a tax return that is pre-prepared by the Secretary of the Treasury; and (2) it should be the goal of the Internal Revenue Service to begin offering pre-prepared returns to filers by tax year 2022. 3. Report to Congress Not later than 1 year after the date of the enactment of this Act, the Secretary of the Treasury, in consultation with the Taxpayer Advocate Service, shall provide a report to the Committee on Ways and Means of the House of Representatives and the Committee on Finance of the Senate on actions necessary to achieve the goal of offering pre-prepared tax returns to filers by tax year 2022, including— (1) changes necessary to the filing deadlines for employers and institutions for information provided through Forms W–2 and 1099; (2) actions necessary to expedite processing of information from Form W–2 by the Social Security Administration; (3) actions necessary to expedite processing of information reporting by the Internal Revenue Service; (4) actions to help businesses submit Form W–2 more easily, and electronically; (5) partnerships with employers and financial institutions to encourage early reporting; (6) delaying the start of the tax filing season; (7) ensuring that taxpayers have access to secure online accounts to access their information, while also having the option to download their information for integration into private tax preparation software; and (8) incorporating best practices from other countries for expediting the availability of return information. Such report shall also include an analysis of the budgetary, administrative, and legislative barriers to achieving this goal, including the amount of appropriations that would be required.