Taxpayer Protection and IRS Accountability Act of 2002

Summary

Taxpayer Protection and IRS Accountability Act of 2002 - Amends the Internal Revenue Code (IRC) provisions concerning penalties and interest to provide for, among other things: (1) a two percent Federal tax deposit penalty cap (currently, it can rise to ten percent), except for maintaining the special 15 percent penalty; (2) the exclusion from gross income for interest on overpayments of income tax by individuals; (3) the abatement of interest on all erroneous refunds (currently, abated only in specified instances); and (4) revise and increase the penalty for filing a frivolous tax return. Revises collection procedures provisions to, among other things: (1) require the review of installment agreements for partial collection at least once every two years; (2) extend from nine months to two years the time allowed to return property wrongfully levied; and (3) provide for a study of liens and levies. Revises tax administration provisions to, among other things: (1) provide for the termination of the employment of an IRS employee upon a final administrative or judicial determination of misconduct; and (2) limit the right to appeal a levy determination to the Tax Court (currently, a U.S. district court may have jurisdiction). Revises confidentiality provisions to, among other things: (1) permit an individual no longer married to the individual with whom a joint return was filed to ask orally, as opposed to in writing, whether collection activities were attempted on the nonrequesting individual; (2) require compliance by contractors with confidentiality standards; and (3) notify a taxpayer if the Treasury Inspector General for Tax Administration determines a return was unlawfully inspected. Makes additional miscellaneous amendments to the IRC, including authorizing regulations regulating the conduct of enrolled agents. Increases the annual authorization of appropriations allowed for low-income tax clinics from $6 million to $15 million.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

6 official files

• Reported in House (text)

  Reported in House · EN · 9 April 2002

  ViewDownloadOpen at official source

• Reported in House (PDF)

  Reported in House · EN · 9 April 2002

  ViewDownloadOpen at official source

• Reported to House with amendment(s)

  summary · EN · 9 April 2002

  Open at official source

• Introduced in House (text)

  Introduced in House · EN · 19 March 2002

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 19 March 2002

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 19 March 2002

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.