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  • 7 weeks ago
The Senate unanimously approved the IRS Math and Taxpayer Help Act, aiming to make IRS math error notices clearer for taxpayers who make simple mistakes.

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00:00The Senate unanimously approved the IRS Math and Taxpayer Help Act, aiming to make IRS math error notices clearer for taxpayers who make simple mistakes.
00:09Over 1 million such notices were sent in 2023 alone, often confusing filers about what went wrong and how to fix it.
00:17The new law will not reduce errors, but will help taxpayers understand the issues and respond properly within 60 days.
00:24Lawmakers hope this comes at a critical time as IRS staffing cuts and furloughs raise concerns about taxpayer support.
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