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Search Results: keywords:"statistical significance"

  • H.R. 8067 aims to change the Internal Revenue Code to make math and clerical error notices more detailed and clear. It requires these notices to include specific information about the error, any changes to the tax return, and the deadline for addressing the issue. The bill also mandates...

    Simple Explanation

    H.R. 8067 wants letters from the IRS to be easier to understand when there's a mistake like a math error on your taxes. It also suggests trying out a new way to send these letters so people get them for sure and can easily ask for help if needed.

  • The IRS MATH Act of 2024 aims to improve the clarity of notices sent to taxpayers regarding math or clerical errors on their tax returns. The bill proposes changes to the Internal Revenue Code requiring that error notices include specific details about the error, a clear...

    Simple Explanation

    The IRS MATH Act of 2024 wants to make letters from the IRS easier to understand by giving more details when someone’s taxes have a mistake, and they will try out sending these letters in a special way to see if more people will respond.