S 2856
117th Congress
Senate
Taxation
A bill to regulate tax return preparers and refund anticipation payment arrangements.
Introduced: September 27, 2021
Introduced by:
Booker, Cory A.
Democratic
· New Jersey
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 27, 2021
Read twice and referred to the Committee on Finance.
Sep 27, 2021
Introduced in Senate
Plain-English summary
This bill authorizes the Department of the Treasury to certify or decertify (for incompetence or willful misrepresentation) the practice of tax return preparers and impose fees on such preparers. It also authorizes Treasury to require tax return preparers to provide disclosures to person receiving tax return preparation services and regarding refund anticipation payment arrangements.
Treasury may impose a penalty on tax return preparers who fail to make required disclosures.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1