Sen. Elizabeth Warren (D-Mass.) announced that her bipartisan IRS Math Act has officially been signed into law, aimed at simplifying tax filing and boosting transparency for American taxpayers.
A ‘Math Mistake’ Shouldn’t Cost You A Fortune
On Thursday, in a post on X, Warren said that her new bill ensures that a “math mistake” in tax filings does not cost taxpayers “a fortune or hours of work.”
The legislation essentially mandates the Internal Revenue Service to explain where a filer made an error on their return and provide instructions on how to challenge it, if necessary.
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“For years, even making a small math mistake on your taxes turned into a terrible headache,” Warren said in a video accompanying the post. “The IRS …Full story available on Benzinga.com
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