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S. Rept. 114-298 1 (2016-07-12)

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                                                                 Calendar No. 554

                      114TH CONGRESS                                            REPORT
                         2d Session                  SENATE                     114-298







                                  TAXPAYER PROTECTION ACT OF 2016



                                         JULY 12, 2016.-Ordered to be printed



                                  Mr. HATCH,   from the Committee on Finance,
                                            submitted   the  following


                                                REPORT

                                                [To accompany S. 3156]

                        The  Committee   on Finance,  having  considered  an original bill, S.
                      3156, to provide enhanced   protections for taxpayers  from  fraud and
                      other illegal activities, and for  other purposes,   reports favorably
                      thereon without  amendment and recommends that the bill do pass.

                                                    CONTENTS
                                                                                          Page
                       I. LEGISLATIVE     BACKGROUND       ...................................................................  2
                       II. EXPLANATION  OF THE BILL  ......................................................................  3
                     TITLE  I-PROTECTION   OF TAXPAYER   RIGHTS   ............................................ 3
                             A. Reform of Assessment and Collection Procedures ............................  3
                                1. Report on IRS authority to compromise tax matters (sec. 101
                                    of the bill and sec. 7122 of the Code) ........................................  3
                                2. Report on opportunity for hearing by the IRS Office of Appeals
                                    (sec. 102 of  the  bill)  .....................................................................  5
                                3. Extending time limit for contesting IRS levy (sec. 103 of the
                                    bill and secs. 6343 and 6532 of the Code) ................................  7
                                4. Individuals held harmless on improper levy on retirement
                                    plans (sec. 104 of the bill and sec. 6343 of the Code) ..............  8
                                5. Report on IRS audit criteria (sec. 105 of the bill) .......................  11
                             B. Assistance to Individual Taxpayers in Filing Returns ...................... 11
                                1. Return preparation programs for low-income taxpayers (sec.
                                    111 of the bill and new sec. 7526A of the Code) .......................  11
                                2. Limiting redisclosures and uses of consent-based disclosures
                                    of tax return information (sec. 112 of the bill and sec. 6103
                                    of the C ode)  ..................................................................................  14
                                3. Clarification of equitable relief from joint liability (sec. 113
                                    of the bill and  sec. 6015  of the  Code)  ........................................  15
                                4. Modification of user fee requirements for installment agree-
                                    ments (sec. 114 of the bill and sec. 6159 of the Code) .............  17
                                5. Reports on Future State and similar online initiatives (sec.
                                    115 of the bill)  .............................................................................  19


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