,,ii #aae? ,,congress #a/ ,session ,s4 #agic ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,septemb] #ab1 #bjag,mr4 ,grassley 7= himself & ,mr4 ,?une7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,f9ance ,a ,,bill ,to am5d ! ,int]nal ,rev5ue ,code ( #aihf to enhance taxpay] rights1 & = o!r purposes4 #a4 ,%ort title1 etc 7a7 ,%ort title ,?is ,act may be cit$ z ! ,taxpay] ,bill ( ,rights ,enhancem5t ,act ( #bjag4 7b7 ,am5dm5t ( #aihf ,code ,except z o!rwise expressly provid$1 :5ev] 9 ?is ,act an am5dm5t or repeal is express$ 9 t]ms ( an am5dm5t to1 or repeal (1 a section or o!r provision1 ! ref]5ce %all be consid]$ to be made to a section or o!r provision ( ! ,int]nal ,rev5ue ,code ( #aihf4 7c7 ,table ( cont5ts ,! table ( cont5ts = ?is ,act is z foll[s3 ,sec4 #a4 ,%ort title1 etc4 ,,title ,i--,! "r to privacy ,sec4 #aja4 ,civil damages = unau?oriz$ disclosure or inspection4 ,sec4 #ajb4 ,compliance by contractors ) confid5tiality safegu>ds4 ,,title ,,ii--,! "r to appeal 9 an indep5d5t =um & to *all5ge ! ,int]nal ,rev5ue ,s]vice position & be he>d ,sec4 #bja4 ,increase 9 limitations on civil damages = c]ta9 unau?oriz$ collection actions4 ,sec4 #bjb4 ,ext5sion ( "t limit = conte/+ ,,irs levy4 ,,title ,,iii--,! "r to a fair & j tax sy/em ,sec4 #cja4 ,waiv] ( us] fee = in/allm5t agreem5ts us+ automat$ )drawals4 ,sec4 #cjb4 ,individuals held h>mless on improp] levy on retirem5t plans4 ,sec4 #cjc4 ,(fice ( ,*ief ,c\nsel review ( (f]s-9-compromise4 ,sec4 #cjd4 ,increase 9 & expansion ( individual e/imat$ tax exception4 ,sec4 #cje4 ,modifications to computation ( individual e/imat$ tax4 ,sec4 #cjf4 ,corporate e/imat$ tax4 ,sec4 #cjg4 ,increase 9 l>ge corporation ?re%old = e/imat$ tax paym5ts4 ,sec4 #cjh4 ,expansion ( int]e/ nett+4 ,sec4 #cji4 ,cl>ification ( application ( ,f$]al tax deposit p5alty4 ,,title ,,iv--,! "r to be in=m$ ,sec4 #dja4 ,collection activities ) respect to jo9t return disclosable to ei!r sp\se bas$ on oral reque/4 ,sec4 #djb4 ,m&atory electronic fil+ = annual returns ( exempt organizations4 ,,title ,v--,! "r to quality s]vice ,sec4 #eja4 ,free electronic fil+4 ,sec4 #ejb4 ,access to appeals4 ,i ,! "r to privacy #aja4 ,civil damages = unau?oriz$ disclosure or inspection 7a7 ,notice to ,taxpay] ,subsection 7e7 ( section #gdca is am5d$ by add+ at ! end ! foll[+ new s5t5ces3 ,! ,secret>y %all also notify su* taxpay] if ! ,int]nal ,rev5ue ,s]vice or1 ^u notice to ! ,secret>y by a ,f$]al or ,/ate ag5cy1 if su* ,f$]al or ,/ate ag5cy1 proposes an adm9i/rative det]m9ation z to discipl9>y or adv]se action aga9/ an employee aris+ f ! employee's unau?oriz$ inspection or disclosure ( ! taxpay]'s return or return in=mation4 ,! notice describ$ 9 ?is subsection %all include ! date ( ! inspection or disclosure & ! rights ( ! taxpay] "u su* adm9i/rative det]m9ation44 7b7 ,paym5t ,au?ority ,cl>ifi$ 7#a7 ,9 g5]al ,section #gdca is am5d$ by add+ at ! end ! foll[+ new subsection3 7i7 ,paym5t ,au?ority ,claims pursuant to subsection 7a77#a7 %all be payable out ( funds appropriat$ "u section #acjd ( title #ca1 ,unit$ ,/ates ,code4 4 7#b7 ,annual reports ( paym5ts ,! ,secret>y ( ! ,treasury %all annually report to ! ,committee on ,f9ance ( ! ,s5ate & ! ,committee on ,ways & ,means ( ! ,h\se ( ,repres5tatives reg>d+ paym5ts made f ! ,unit$ ,/ates ,judgm5t ,fund "u section #gdca7;i7 ( ! ,int]nal ,rev5ue ,code ( #aihf4 7c7 ,burd5 ( ,pro( = ,good ,fai? ,exception ,re/s ,) ,p]son ,mak+ ,inspection or ,disclosure ,section #gdca7;b7 is am5d$ by add+ at ! end ! foll[+ new flu% s5t5ce3 ,9 any proce$+ involv+ ! exi/5ce ( a good fai? b errone\s int]pretation ( section #fajc1 ! burd5 ( pro( ) respect to su* issue %all be on ! p]son :o made ! inspection or disclosure1 or 9 ! case ( a suit pursuant to p>agraph 7a77#a71 ! ,unit$ ,/ates4 4 7d7 ,reports ,subsection 7p7 ( section #fajc is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#i7 ,report on willful unau?oriz$ disclosure & inspection ,z "p ( ! report requir$ by p>agraph 7#c77;,c7 = ea* cal5d> ye>1 ! ,secret>y %all furni% in=mation reg>d+ ! willful unau?oriz$ disclosure & inspection ( returns & return in=mation1 includ+ ! numb]1 /atus1 & results (-- 7,a7 adm9i/rative inve/igations1 7,b7 civil lawsuits br\ght "u section #gdca 7includ+ ! am\nts = :i* su* lawsuits 7 settl$ & ! am\nts ( damages aw>d$71 & 7,c7 crim9al prosecutions4 4 7e7 ,increase 9 am\nt ( damages p] violation 7#a7 ,9 g5]al ,subp>agraph 7,a7 ( section #gdca7;c77#a7 is am5d$ to read z foll[s3 7,a7 ! sum (-- 7i7 #e1jjj = ea* act ( unau?oriz$ inspection ( a return or return in=mation ) respect to :i* su* def5dant is f\nd liable1 & 7ii7 #aj1jjj = ea* act ( unau?oriz$ disclosure ( a return or return in=mation ) respect to :i* su* def5dant is f\nd liable1 or 4 7#b7 ,punitive damages 7,a7 ,9 g5]al ,section #gdca7;c7 is am5d$ by r$esignat+ p>agraphs 7#b7 & 7#c7 z p>agraphs 7#c7 & 7#d71 respectively1 & by ins]t+ aft] p>agraph 7#a7 ! foll[+ new p>agraph3 7#b7 9 ! case ( willful inspection or disclosure or an inspection or disclosure :i* is ! result ( gross neglig5ce1 punitive damages1 plus 4 7,b7 ,con=m+ am5dm5t ,subp>agraph 7,b7 ( section #gdca7;c77#a7 is am5d$ to read z foll[s3 7,b7 ! actual damages su/a9$ by ! pla9tiff z a result ( su* unau?oriz$ inspection or disclosure1 plus 4 7f7 ,effective ,dates 7#a7 ,notice ,! am5dm5t made by subsection 7a7 %all apply to det]m9ations made aft] ! date :i* is #ahj days aft] ! date ( ! enactm5t ( ?is ,act4 7#b7 ,paym5t au?ority ,! am5dm5t made by subsection 7b77#a7 %all take effect on ! date :i* is #ahj days aft] ! date ( ! enactm5t ( ?is ,act4 7#c7 ,burd5 ( pro( ,! am5dm5ts made by subsection 7c7 %all apply to inspections & disclosures occurr+ on & aft] ! date :i* is #ahj days aft] ! date ( ! enactm5t ( ?is ,act4 7#d7 ,reports ,subsection 7b77#b7 & ! am5dm5t made by subsection 7d7 %all apply to cal5d> ye>s end+ aft] ! date :i* is #ahj days aft] ! date ( ! enactm5t ( ?is ,act4 7#e7 ,increase 9 damages ,! am5dm5t made by subsection 7e7 %all apply to proce$+s comm5c$ aft] ! date ( ! enactm5t ( ?is ,act4 #ajb4 ,compliance by contractors ) confid5tiality safegu>ds 7a7 ,9 ,g5]al ,section #fajc7p71 z am5d$ by ?is ,act1 is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#aj7 ,disclosure to contractors & o!r ag5ts ,not)/&+ any o!r provision ( ?is section1 no return or return in=mation %all be disclos$ to any contractor or o!r ag5t ( a ,f$]al1 ,/ate1 or local ag5cy unless su* ag5cy1 to ! satisfaction ( ! ,secret>y-- 7,a7 has requirem5ts 9 effect :i* require ea* su* contractor or o!r ag5t :i* w\ld h access to returns or return in=mation to provide safegu>ds 7)9 ! mean+ ( p>agraph 7#d77 to protect ! confid5tiality ( su* returns or return in=mation1 7,b7 agrees to conduct an on-site review e #c ye>s 7or a mid-po9t review 9 ! case ( contracts or agreem5ts ( less ?an #c ye>s 9 duration7 ( ea* contractor or o!r ag5t to det]m9e compliance ) su* requirem5ts1 7,c7 submits ! f9d+s ( ! mo/ rec5t review conduct$ "u subp>agraph 7,b7 to ! ,secret>y z "p ( ! report requir$ by p>agraph 7#d77;,e71 & 7,d7 c]tifies to ! ,secret>y = ! mo/ rec5t annual p]iod t su* contractor or o!r ag5t is 9 compliance ) all su* requirem5ts4 ,! c]tification requir$ by subp>agraph 7,d7 %all include ! "n & address ( ea* contractor & o!r ag5t1 a description ( ! contract or agreem5t ) su* contractor or o!r ag5t1 & ! duration ( su* contract or agreem5t4 ,! requirem5ts ( ?is p>agraph %all n apply to disclosures pursuant to subsection 7n7 = purposes ( ,f$]al tax adm9i/ration4 4 7b7 ,con=m+ ,am5dm5t ,subp>agraph 7,b7 ( section #fajc7p77#h7 is am5d$ by ins]t+ or p>agraph 7#aj7 aft] subp>agraph 7,a74 7c7 ,effective ,date 7#a7 ,9 g5]al ,! am5dm5ts made by ?is section %all apply to disclosures made aft] ! date ( ! enactm5t ( ?is ,act4 7#b7 ,c]tifications ,! fir/ c]tification "u section #fajc7p77#aj77;,d7 ( ! ,int]nal ,rev5ue ,code ( #aihf1 z add$ by subsection 7a71 %all be made ) respect to ! portion ( cal5d> ye> #bjag foll[+ ! date ( ! enactm5t ( ?is ,act4 ,,ii ,! "r to appeal 9 an indep5d5t =um & to *all5ge ! ,int]nal ,rev5ue ,s]vice position & be he>d #bja4 ,increase 9 limitations on civil damages = c]ta9 unau?oriz$ collection actions 7a7 ,9 g5]al ,section #gdcc7;b7 is am5d$ by /rik+ #a1jjj1jjj 7#ajj1jjj & ins]t+ #a1ejj1jjj 7#aej1jjj4 7b7 ,punitive damages 9 ! case ( reckless or int5tional action ,subsection 7b7 ( section #gdcc is am5d$-- 7#a7 by r$esignat+ p>agraphs 7#a7 & 7#b7 z subp>agraphs 7,a7 & 7,b71 respectively1 & by mov+ su* subp>agraphs #b ems to ! "r1 7#b7 by /rik+ ,9 any action & ins]t+ ! foll[+3 7#a7 ,9 g5]al ,9 any action 1 & 7#c7 by add+ at ! end ! foll[+ new p>agraph3 7#b7 ,punitive damages = willful & reckless actions ,9 any action br\ght "u subsection 7a7 or petition fil$ "u subsection 7e7 9 :i* ! def5dant is f\nd to be liable & to h act$ recklessly or int5tionally1 ! c\rt may aw>d ! pla9tiff punitive damages4 4 7c7 ,p]iod = br++ action ,p>agraph 7#c7 ( section #gdcc7;d7 is am5d$ by /rik+ ! date ! "r ( action accrues & ins]t+ ! lat] ( ! date ( on :i* adm9i/rative rem$ies available )9 ! ,int]nal ,rev5ue ,s]vice h be5 exhau/$ or ! date on :i* ! taxpay] reasonably c\ld h discov]$ t ! actions ( ! (fic] or employee 7 done 9 disreg>d ( a provision ( ?is title or any regulation promulgat$ "u ?is title4 7d7 ,effective date ,! am5dm5ts made by ?is section %all apply 9 ! case ( proce$+s comm5c$ aft] ! date ( ! enactm5t ( ?is ,act4 #bjb4 ,ext5sion ( "t limit = conte/+ ,,irs levy 7a7 ,ext5sion ( ,"t = ,return ( ,prop]ty ,subject to ,levy ,subsection 7b7 ( section #fcdc is am5d$ by /rik+ #i mon?s & ins]t+ #b ye>s4 7b7 ,p]iod ( ,limitation on ,suits ,subsection 7c7 ( section #fecb is am5d$-- 7#a7 by /rik+ #i mon?s 9 p>agraph 7#a7 & ins]t+ #b ye>s1 & 7#b7 by /rik+ #i-mon? 9 p>agraph 7#b7 & ins]t+ #b-ye>4 7c7 ,effective ,date ,! am5dm5ts made by ?is section %all apply to-- 7#a7 levies made aft] ! date ( ! enactm5t ( ?is ,act1 & 7#b7 levies made on or be=e su* date if ! #i-mon? p]iod has n expir$ "u section #fcdc7;b7 ( ! ,int]nal ,rev5ue ,code ( #aihf 7)\t reg>d to ?is section7 z ( su* date4 ,,iii ,! "r to a fair & j tax sy/em #cja4 ,waiv] ( us] fee = in/allm5t agreem5ts us+ automat$ )drawals 7a7 ,9 ,g5]al ,section #faei is am5d$ by r$esignat+ subsections 7e7 & 7f7 z subsections 7f7 & 7g71 respectively1 & by ins]t+ aft] subsection 7d7 ! foll[+ new subsection3 7e7 ,waiv] ( us] fees = in/allm5t agreem5ts us+ automat$ )drawals ,9 ! case ( a taxpay] :o ent]s into an in/allm5t agreem5t 9 :i* automat$ in/allm5t paym5ts are agre$ to1 ! ,secret>y %all waive ! fee 7if any7 = ent]+ into ! in/allm5t agreem5t4 4 7b7 ,effective ,date ,! am5dm5ts made by ?is section %all apply to agreem5ts ent]$ into on or aft] ! date :i* is #ahj days aft] ! date ( ! enactm5t ( ?is ,act4 #cjb4 ,individuals held h>mless on improp] levy on retirem5t plans 7a7 ,9 ,g5]al ,section #fcdc is am5d$ by add+ at ! end ! foll[+ new subsection3 7f7 ,individuals ,held ,h>mless on ,wrongful ,levy1 etc4 on ,retirem5t ,plan 7#a7 ,9 g5]al ,if ! ,secret>y det]m9es t an individual's acc\nt or b5efit "u an eligible retirem5t plan 7z def9$ 9 section #djb7;c77#h77;,b77 has be5 levi$ ^u 9 a case to :i* subsection 7b7 or 7d77#b77;,a7 applies & prop]ty or an am\nt ( money is return$ to ! individual-- 7,a7 ! individual may contribute su* prop]ty or an am\nt equal to ! sum (-- 7i7 ! am\nt ( money s return$ by ! ,secret>y1 & 7ii7 int]e/ paid "u subsection 7c7 on su* am\nt ( money1 into su* eligible retirem5t plan if su* contribution is p]mitt$ by ! plan1 or into an individual retirem5t plan 7o!r ?an an end[m5t contract7 to :i* a rollov] contribution ( a di/ribution f su* eligible retirem5t plan is p]mitt$1 b only if su* contribution is made n lat] ?an ! due date 7n includ+ ext5sions7 = fil+ ! return ( tax = ! taxable ye> 9 :i* su* prop]ty or am\nt ( money is return$1 & 7,b7 ! ,secret>y %all1 at ! "t su* prop]ty or am\nt ( money is return$1 notify su* individual t a contribution describ$ 9 subp>agraph 7,a7 may be made4 7#b7 ,treatm5t z rollov] ,! di/ribution on acc\nt ( ! levy & any contribution "u p>agraph 7#a7 ) respect to ! return ( su* di/ribution %all be treat$ = purposes ( ?is title z if su* di/ribution & contribution 7 describ$ 9 section #djb7;c71 #djb;,a7c77#c71 #djc7;a77#d71 #djc7;b77#h71 #djh7;d77#c71 #djh;,a7d77#c71 or #deg7;e77#af71 :i*ev] is applicable2 except t-- 7,a7 ! contribution %all be treat$ z hav+ be5 made = ! taxable ye> 9 :i* ! di/ribution on acc\nt ( ! levy occurr$1 & ! int]e/ paid "u subsection 7c7 %all be treat$ z e>n+s )9 ! plan aft] ! contribution & %all n be includ$ 9 gross income1 & 7,b7 su* contribution %all n be tak5 into acc\nt "u section #djh7;d77#c77;,b74 7#c7 ,refund1 etc41 ( income tax on levy 7,a7 ,9 g5]al ,if any am\nt is includible 9 gross income = a taxable ye> by reason ( a di/ribution on acc\nt ( a levy ref]r$ to 9 p>agraph 7#a7 & any portion ( su* am\nt is treat$ z a rollov] contribution "u p>agraph 7#b71 any tax impos$ by *apt] #a on su* portion %all n be assess$1 & if assess$ %all be abat$1 & if collect$ %all be cr$it$ or refund$ z an ov]paym5t made on ! due date = fil+ ! return ( tax = su* taxable ye>4 7,b7 ,exception ,subp>agraph 7,a7 %all n apply to a rollov] contribution "u ?is subsection :i* is made f an eligible retirem5t plan :i* is n a ,ro? ,,ira or a designat$ ,ro? acc\nt 7)9 ! mean+ ( section #djb;,a7 to a ,ro? ,,ira or a designat$ ,ro? acc\nt "u an eligible retirem5t plan4 7#d7 ,int]e/ ,not)/&+ subsection 7d71 int]e/ %all be all[$ "u subsection 7c7 9 a case 9 :i* ! ,secret>y makes a det]m9ation describ$ 9 subsection 7d77#b77;,a7 ) respect to a levy ^u an individual retirem5t plan4 7#e7 ,treatm5t ( inh]it$ acc\nts ,= purposes ( p>agraph 7#a77;,a71 section #djh7;d77#c77;,c7 %all be disreg>d$ 9 det]m9+ :e!r an individual retirem5t plan is a plan to :i* a rollov] contribution ( a di/ribution f ! plan levi$ ^u is p]mitt$4 4 7b7 ,effective ,date ,! am5dm5t made by ?is section %all apply to am\nts paid "u subsections 7b71 7c71 & 7d77#b77;,a7 ( section #fcdc ( ! ,int]nal ,rev5ue ,code ( #aihf aft] ,decemb] #ca1 #bjag4 #cjc4 ,(fice ( ,*ief ,c\nsel review ( (f]s-9-compromise 7a7 ,9 ,g5]al ,section #gabb7;b7 is am5d$ by /rik+ ,:5ev] a compromise & all t foll[s ?r\gh 8 delegate & ins]t+ ,if ! ,secret>y det]m9es t an op9ion ( ! ,g5]al ,c\nsel = ! ,dep>tm5t ( ! ,treasury1 or ! ,c\nsel's delegate1 is requir$ ) respect to a compromise1 !re %all be plac$ on file 9 ! (fice ( ! ,secret>y su* op9ion4 7b7 ,con=m+ ,am5dm5ts ,section #gabb7;b7 is am5d$ by /rik+ ! second & ?ird s5t5ces4 7c7 ,effective ,date ,! am5dm5ts made by ?is section %all apply to (f]s-9-compromise submitt$ or p5d+ on or aft] ! date ( ! enactm5t ( ?is ,act4 #cjd4 ,increase 9 & expansion ( individual e/imat$ tax exception 7a7 ,9 g5]al ,p>agraph 7#a7 ( section #ffed7;e7 is am5d$ to read z foll[s3 7#a7 ,:]e tax is small am\nt 7,a7 ,9 g5]al ,no addition to tax %all be impos$ "u subsection 7a7 = any taxable ye> if-- 7i7 ! excess 7if any7 ( ! tax %[n on ! return = su* taxable ye> 7or1 if no return is fil$1 ! tax7 ov] ! sum (-- 7,i7 ! e/imat$ tax paid = su* taxable ye>1 plus 7,,ii7 cr$it all[able "u section #ca1 is less ?an 7ii7 #b1jjj4 7,b7 ,exception 7i7 ,9 g5]al ,no am\nt ( e/imat$ tax paid = a taxable ye> %all be tak5 into acc\nt "u subp>agraph 7,a77i77,i7 aft] ! fir/ due date 7z det]m9$ "u subsection 7c77#b77 = :i* ! individual's requir$ in/allm5t 0 great] ?an z]o & m ?an #aj p]c5t ( ! requir$ in/allm5t 0 n paid by su* date4 7ii7 ,ord] ( cr$it+ paym5ts ,9 det]m9+ :e!r a paym5t 0 made = purposes ( clause 7i71 a paym5t ( e/imat$ tax %all be cr$it$ aga9/ unpaid requir$ in/allm5ts 9 ! ord] 9 :i* su* in/allm5ts are requir$ to be paid4 4 7b7 ,effective ,date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjag4 #cje4 ,modifications to computation ( individual e/imat$ tax 7a7 ,9 g5]al ,section #ffed is am5d$ by /rik+ subsections 7a7 & 7b7 & ins]t+ ! foll[+3 7a7 ,addition to ! ,tax 7#a7 ,9 g5]al ,except z o!rwise provid$ 9 ?is section1 9 ! case ( any und]paym5t ( e/imat$ tax by an individual = a taxable ye>1 !re %all be add$ to ! tax "u *apt] #a1 ! tax "u *apt] #b1 & ! tax "u *apt] #b;,a = su* taxable ye> ! sum ( ! am\nts det]m9$ "u p>agraph 7#b7 = ea* day = :i* !re is an und]paym5t4 7#b7 ,am\nt ( addition to tax ,! am\nt det]m9$ "u ?is p>agraph = any day %all be ! product (-- 7,a7 ! und]paym5t rate e/abli%$ "u subsection 7b77#b7 = su* day1 multipli$ by 7,b7 ! am\nt ( ! und]paym5t = su* day4 7b7 ,am\nt ( und]paym5t2 und]paym5t rate ,= purposes ( subsection 7a7-- 7#a7 ,am\nt ,! am\nt ( und]paym5t on any day %all be ! excess 7if any7 (-- 7,a7 ! sum ( ! requir$ in/allm5ts = ! taxable ye> ! due dates = :i* are on or be=e su* day1 ov] 7,b7 ! sum ( ! am\nts ( e/imat$ tax paym5ts made = su* taxable ye> on or be=e su* day4 7#b7 ,det]m9ation ( und]paym5t rate 7,a7 ,9 g5]al ,! und]paym5t rate ) respect to any day 9 an in/allm5t und]paym5t p]iod %all be ! und]paym5t rate e/abli%$ "u section #ffba = ! fir/ day ( ! cal5d> qu>t] 9 :i* su* in/allm5t und]paym5t p]iod beg9s4 7,b7 ,in/allm5t und]paym5t p]iod ,= purposes ( subp>agraph 7,a71 ! t]m in/allm5t und]paym5t p]iod means ! p]iod beg9n+ on ! day aft] ! due date = a requir$ in/allm5t & end+ on ! due date = ! subsequ5t requir$ in/allm5t 7or 9 ! case ( ! #d? requir$ in/allm5t1 ! #ae? day ( ! #d? mon? foll[+ ! close ( a taxable ye>74 7,c7 ,daily rate ,! rate det]m9$ "u subp>agraph 7,a7 %all be appli$ on a daily basis & %all be bas$ on ! assumption ( #cfe days 9 a cal5d> ye>4 7#c7 ,t]m9ation ( e/imat$ tax und]paym5t ,no day aft] ! end ( ! in/allm5t und]paym5t p]iod = ! #d? requir$ in/allm5t specifi$ 9 p>agraph 7#b77;,b7 = a taxable ye> %all be treat$ z a day ( und]paym5t ) respect to su* taxable ye>4 4 7b7 ,effective ,date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjag4 #cjf4 ,corporate e/imat$ tax 7a7 ,increase 9 ,small ,tax ,am\nt ,exception ,section #ffee7;f7 is am5d$ by /rik+ #ejj & ins]t+ #b1jjj4 7b7 ,effective ,date ,! am5dm5t made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjag4 #cjg4 ,increase 9 l>ge corporation ?re%old = e/imat$ tax paym5ts 7a7 ,9 ,g5]al ,section #ffee7;g77#b7 is am5d$-- 7#a7 by /rik+ #a1jjj1jjj 9 subp>agraph 7,a7 & ins]t+ #a1ejj1jjj1 7#b7 by /rik+ ! #a1jjj1jjj am\nt specifi$ 9 subp>agraph 7,a7 9 subp>agraph 7,b77ii7 & ins]t+ ! am\nt 9 effect = ! taxable ye> "u subp>agraph 7,a71 & 7#c7 by ins]t+ aft] subp>agraph 7,b7 ! foll[+ new subp>agraph3 7,c7 ,inflation adju/m5t 7i7 ,9 g5]al ,9 ! case ( any taxable ye> beg9n+ 9 a cal5d> ye> aft] #bjah1 ! #a1ejj1jjj am\nt 9 subp>agraph 7,a7 %all be increas$ by an am\nt equal to-- 7,i7 su* doll> am\nt1 multipli$ by 7,,ii7 ! co/-(-liv+ adju/m5t det]m9$ "u section #a7;f77#c7 = ! cal5d> ye> 9 :i* ! taxable ye> beg9s1 det]m9$ by sub/itut+ cal5d> ye> #bjag = cal5d> ye> #aiib 9 subp>agraph 7,b7 !re(4 7ii7 ,r\nd+ ,if any doll> am\nt1 aft] be+ increas$ "u p>agraph 7#a71 is n a multiple ( #a1jjj1 su* doll> am\nt %all be r\nd$ to ! next l[e/ multiple ( #a1jjj4 4 7b7 ,effective ,date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjag4 #cjh4 ,expansion ( int]e/ nett+ 7a7 ,9 ,g5]al ,subsection 7d7 ( section #ffba is am5d$ by add+ at ! end ! foll[+ new s5t5ce3 ,solely = purposes ( ! prec$+ s5t5ce1 section #ffaa7;e7 %all n apply44 7b7 ,effective ,date ,! am5dm5t made by ?is section %all apply to int]e/ accru$ aft] ,decemb] #ca1 #bjag4 #cji4 ,cl>ification ( application ( ,f$]al tax deposit p5alty ,no?+ 9 section #ffef ( ! ,int]nal ,rev5ue ,code ( #aihf %all be con/ru$ to p]mit ! p]c5tage specifi$ 9 subsection 7b77#a77;,a77iii7 !re( to apply o!r ?an 9 a case :]e ! failure is = m ?an #ae days4 ,,iv ,! "r to be in=m$ #dja4 ,collection activities ) respect to jo9t return disclosable to ei!r sp\se bas$ on oral reque/ 7a7 ,9 ,g5]al ,p>agraph 7#h7 ( section #fajc7;e7 is am5d$ by /rik+ 9 writ+ ! fir/ place x appe>s4 7b7 ,effective ,date ,! am5dm5t made by ?is section %all apply to reque/s made aft] ! date ( ! enactm5t ( ?is ,act4 #djb4 ,m&atory electronic fil+ = annual returns ( exempt organizations 7a7 ,9 g5]al ,section #fjcc is am5d$ by r$esignat+ subsection 7n7 z subsection 7o7 & by ins]t+ aft] subsection 7m7 ! foll[+ new subsection3 7n7 ,m&atory electronic fil+ ,any organization requir$ to file a return "u ?is section %all file su* return 9 electronic =m4 4 7b7 ,inspection ( electronically fil$ annual returns ,subsection 7b7 ( section #fajd is am5d$ by add+ at ! end ! foll[+3 ,any annual return requir$ to be fil$ electronically "u section #fjcc7n7 %all be made available by ! ,secret>y to ! public 9 ma*9e readable =mat44 7c7 ,effective date 7#a7 ,9 g5]al ,except z provid$ 9 p>agraph 7#b71 ! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ! date ( ! enactm5t ( ?is ,act4 7#b7 ,transitional relief 7,a7 ,small organizations 7i7 ,9 g5]al ,9 ! case ( any small organizations1 or any o!r organizations = :i* ! ,secret>y det]m9es ! application ( ! am5dm5ts made by subsection 7a7 w\ld cause undue burd5 )\t a delay1 ! ,secret>y may delay ! application ( su* am5dm5ts1 b n lat] ?an taxable ye>s beg9n+ #b ye>s aft] ! date ( ! enactm5t ( ?is ,act4 7ii7 ,small organization ,= purposes ( clause 7i71 ! t]m small organization means any organization-- 7,i7 ! gross receipts ( :i* = ! taxable ye> are less ?an #bjj1jjj1 & 7,,ii7 ! aggregate gross assets ( :i* at ! end ( ! taxable ye> are less ?an #ejj1jjj4 7,b7 ,organizations fil+ =m #iij-,t ,9 ! case ( any organization describ$ 9 section #eaa7;a77#b7 ( ! ,int]nal ,rev5ue ,code ( #aihf :i* is subject to ! tax impos$ by section #eaa7;a77#a7 ( su* ,code on its unrelat$ bus9ess taxable income1 or any organization requir$ to file a return "u section #fjcc ( su* ,code & include in=mation "u subsection 7e7 !re(1 ! ,secret>y may delay ! application ( ! am5dm5ts made by ?is section1 b n lat] ?an taxable ye>s beg9n+ #b ye>s aft] ! date ( ! enactm5t ( ?is ,act4 ,v ,! "r to quality s]vice #eja4 ,free electronic fil+ 7a7 ,9 g5]al ,! ,secret>y ( ! ,treasury 7or ! ,secret>y's delegate7 %all1 9 coop]ation ) ! private sector te*nology indu/ry1 ma9ta9 a program t provides free individual income tax prep>ation & electronic fil+ s]vices to l[-income taxpay]s & eld]ly taxpay]s4 7b7 ,requirem5ts ( program ,! ,secret>y %all by regulation or o!r guidance prescribe ) respect to ! program-- 7#a7 ! qualifications1 selection process1 & contract t]m = bus9esses p>ticipat+ 9 ! program1 7#b7 a process = p]iodic review ( bus9esses p>ticipat+ 9 ! program1 7#c7 proc$ures = t]m9at+ bus9ess p>ticipation 9 ! program = failure to comply ) any program requirem5ts1 & 7#d7 su* o!r proc$ures z ! ,secret>y det]m9es are necess>y or appropriate to c>ry out ! purposes ( ! program4 7c7 ,free ,file program ,! ,int]nal ,rev5ue ,s]vice ,free ,file program1 z set =? 9 ! notice publi%$ 9 ! ,f$]al ,regi/] on ,novemb] #d1 #bjjb 7#fg ,f$4 ,reg4 #fgbdg71 %all be treat$ z meet+ ! requirem5ts ( subsection 7a74 #ejb4 ,access to appeals ,subsection 7b7 ( section #cdfe ( ! ,int]nal ,rev5ue ,s]vice ,re/ructur+ & ,re=m ,act ( #aiih is am5d$ by /rik+ an appeals (fic] is regul>ly available )9 ea* ,/ate & ins]t+ !re is at lea/ "o appeals (fic] & "o settlem5t (fic] locat$ & p]man5tly available 9 ea* ,/ate1 ! ,di/rict ( ,columbia1 & ,pu]to ,rico4