3.0.0 1289 2023-01-11T13:22:51Z 2023-01-11T13:22:51Z Senate S S 2011-06-28 112 ssfi00 Finance Committee Senate Standing Referred to 2011-06-28T20:51:28Z 2011-06-28 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2011-06-28 Introduced in Senate IntroReferral 10000 9 Library of Congress C000174 Sen. Carper, Thomas R. [D-DE] Thomas Carper D DE R. N B000711 Sen. Boxer, Barbara [D-CA] BARBARA BOXER D CA 2011-06-28 True Taxation Bank accounts, deposits, capital Congressional oversight Consumer credit Correctional facilities and imprisonment Employee benefits and pensions Employment taxes Federal-Indian relations Government information and archives Government studies and investigations Housing finance and home ownership Income tax credits Income tax exclusion Income tax rates Insurance industry and regulation Interest, dividends, interest rates Medicaid Medicare Public contracts and procurement Right of privacy Securities Small business State and local taxation Tax administration and collection, taxpayers Tax reform and tax simplification User charges and fees Taxation 00 2011-06-28 Introduced in Senate 2011-08-17T18:39:45Z Taxpayer Advocacy and Government Accountability Promotion Act of 2011 or the TAX GAP Act of 2011 - Amends the Internal Revenue Code to: (1) eliminate certain payment requirements for submitting offers-in-compromise of tax liability; (2) expand requirements for electronic filing of tax returns to certain large corporations and partnerships; (3) require additional information on tax returns relating to mortgage interest; (4) expand information reporting requirements for bank accounts, non-interest bearing deposits, and electronic filings by paid tax preparers; (5) expand withholding requirements with respect to payments to contractors and extend the continuous levy to cover payments to Medicaid and Medicare providers; (6) require the heads of the Federal Bureau of Prisons and state prisons to provide detailed information to the Internal Revenue Service (IRS) on certain inmates; (7) grant the IRS access to information in the National Directory of New Hires for tax administration purposes; and (8) increase and expand criminal and civil penalties for failure to comply with tax reporting and filing requirements, including requirements for electronic filing.

Authorizes the Secretary of the Treasury to make an apology payment to a taxpayer for any action or inaction by the IRS that has caused the taxpayer excess expense or undue burden. Excludes the amount of any such apology payment from taxpayer gross income.

Directs the Secretary to: (1) revise Schedule C of tax form 1040 (self-employment income) to require reporting of additional gross receipts and expense information by sole proprietors, and (2) report to Congress on efforts to improve voluntary compliance by sole proprietors.

Requires the Secretary to submit to Congress: (1) a report on taxpayer assistance and tax simplification, (2) comprehensive and detailed reports on a strategy for reducing the tax gap, (3) a study on revenue increases and costs with respect to tax gap legislation, and (4) reports on worker misclassification (e.g., employees classified as independent contractors).


]]> Taxpayer Advocacy and Government Accountability Promotion Act of 2011 Display Title Taxpayer Advocacy and Government Accountability Promotion Act of 2011 Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to reduce the tax gap, and for other purposes. Introduced in Senate IS Short Titles as Introduced Taxpayer Advocacy and Government Accountability Promotion Act of 2011 Short Titles as Introduced TAX GAP Act of 2011 Introduced in Senate 2011-06-28T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112s1289is/xml/BILLS-112s1289is.xml 2011-06-28 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.