Taxpayer Notification and Privacy Act of 2023

Bill 118 s 2111, also known as the Taxpayer Notification and Privacy Act of 2023, is a piece of legislation currently being considered by the US Congress. The main purpose of this bill is to protect the privacy of taxpayers and ensure that they are notified of any changes to their tax information.

One of the key provisions of the bill is that the Internal Revenue Service (IRS) must notify taxpayers within 30 days of any changes made to their tax information. This includes changes to their address, filing status, or any other relevant information. This notification must be sent via mail or electronically, depending on the taxpayer's preference.

Additionally, the bill includes measures to protect taxpayers' personal information from being shared without their consent. It prohibits the IRS from disclosing any tax return information to third parties without the taxpayer's explicit permission. This is aimed at preventing identity theft and other forms of fraud. Furthermore, the bill includes provisions to improve the security of taxpayer information within the IRS. It requires the agency to implement stronger data protection measures and regularly audit their systems to ensure compliance with privacy regulations. Overall, the Taxpayer Notification and Privacy Act of 2023 aims to enhance the privacy and security of taxpayer information while also ensuring that taxpayers are kept informed of any changes to their tax records. It is currently under review in Congress and may undergo further revisions before being passed into law.