Road to The Floor
How it worksIntroduced
In Committee
On The Floor
Passed a Chamber
Passed Congress
To President
Became Law
What this bill does
AI plain-language summaryWhen a federally declared disaster happens, the IRS can push back the deadline for filing tax returns. Before this law, that pushed-back deadline didn't count when figuring out how far back you could look to get a refund on taxes you already paid, which meant some people might lose out on money they were owed. This law fixes that by making the pushed-back deadline count the same as a regular extension, so people affected by disasters don't miss out on tax refunds for payments they already made. It also makes sure the IRS waits until after the extended deadline before sending out notices demanding tax payments.
Your Vote
Discussion (0)
Explain what is at stake in this bill.
No comments yet. Be the first.