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Year-End Update to Taxpayer First Act (HR 3151) | Subtitle C, Section 2201 & 2202

Originally published on Dec 3, 2019
*Revised December 24, 2019
The Taxpayer First Act became public law on July 1, 2019. Our last notification provided information on Section 2201 regarding a proposed increase in the IRS transaction fee effective on January 1, 2020. This notification provides the approved fee increase amount as well as information on Section 2202, which limits redisclosures and uses of consent-based disclosures of tax return information. Here are the recent updates as of December 24, 2019:
OVERVIEW:
December 28, 2019: New Taxpayer Consent Language must be implemented.January 1, 2020: The IRS transaction fee increase from the current $2.00 per tax year to $5.00 per tax year has been delayed and willbecome effective on March 1, 2020. New IRS 4506-C form to replace the current IRS 4506-T form. The new form and implementation date are still pending.

Section 2201 ("Additional User Fee")

This section addresses the "Modernization Disclosure of IRS Taxpayer Informat…

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