Search Results: keywords:"small business taxation"

  • S. 1386 — To provide a taxpayer bill of rights for small businesses.
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    Status:Introduced in Senate
    Words:5,347

    The Small Business Taxpayer Bill of Rights Act of 2025 aims to protect the rights of small business taxpayers by modifying various standards and procedures related to taxes. It increases eligibility for small businesses to recover legal costs, enhances penalties for...

    Simple Explanation

    The Small Business Taxpayer Bill of Rights Act of 2025 is a law that helps protect small businesses when dealing with taxes. It makes rules fairer, helps small businesses save money if they win against the tax office, and makes sure every problem gets a fair look without sneaky talk behind the scenes.

  • H. R. 8864 — To amend the Internal Revenue Code of 1986 to make improvements related to tax administration.
    Status:Introduced in House
    Words:1,319

    The Tax Administration Simplification Act (H. R. 8864) proposes several changes to the Internal Revenue Code. The bill aims to simplify tax administration by recognizing electronic submissions to the IRS as valid on the date they are sent, extending the deadline for S...

    Simple Explanation

    The Tax Administration Simplification Act wants to make doing taxes easier by allowing electronic filings to count on the day they're sent, giving more time for certain businesses to make choices about their taxes, and moving some tax payment due dates to later.