The IRS will overhaul up to 90% of its notices by the 2025 filing season, representing about 150 million of the most common notices sent to individual taxpayers.
The changes include adding simplified language, reducing the number of pages and updating fonts. The rolling review of up to 200 notices will concentrate on those that propose adjustments to income, correct mistakes on returns, and remind taxpayers what they owe.
“The clearer our notices are for example, when a balanced due is, the more rapidly and effectively those balances will be understood by the taxpayer ...
Learn more about Bloomberg Tax or Log In to keep reading:
See Breaking News in Context
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools and resources.