H.R. 8876, known as the "Low-Income Taxpayer Clinic Modernization Act of 2024," proposes changes to the Internal Revenue Code of 1986. The bill aims to remove the cap on the total grants that can be given to low-income taxpayer clinics, and also adjust the requirement for these clinics to...
Simple Explanation
H.R. 8876 is a bill that wants to help places that assist people who don't make a lot of money with their taxes by giving them more money and changing how much of their own money these places have to use. They want to make it easier for the places to help more people by letting them use less of their own money.