To amend the Internal Revenue Code of 1986 to make improvements related to tax administration.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
The bill requires extends the mailbox rule to electronic filings and payments, so that electronically submitted documents and payments are considered filed/paid on the date sent, not when the IRS receives them. Requires IRS, exempts extends the deadline for S corporation elections from the previous 2 months and 15 days after the start of the tax year to the due date of the S corporation return (including extensions), and defines changes quarterly estimated tax payment deadlines for individuals by shifting the second installment from June 15 to July 15 and the third installment from September 15 to October 15, effective for taxable years. It relies on definition changes, reporting requirements, and exemptions. The main policy areas are Finance.
Who Benefits and How
Small business corporations seeking S corp status could face lower compliance burdens, Self-employed individuals could face lower compliance burdens, and Individual taxpayers with non-wage income could face lower compliance burdens.
Who Bears the Burden and How
Internal Revenue Service would take on compliance duties.
Key Provisions
- Requires extends the mailbox rule to electronic filings and payments, so that electronically submitted documents and payments are considered filed/paid on the date sent, not when the IRS receives them. Requires IRS...
- Exempts extends the deadline for S corporation elections from the previous 2 months and 15 days after the start of the tax year to the due date of the S corporation return (including extensions).
- Defines changes quarterly estimated tax payment deadlines for individuals by shifting the second installment from June 15 to July 15 and the third installment from September 15 to October 15, effective for taxable years...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill requires extends the mailbox rule to electronic filings and payments, so that electronically submitted documents and payments are considered filed/paid on the date sent, not when the IRS receives them. Requires IRS, exempts extends the deadline for S corporation elections from the previous 2 months and 15 days after the start of the tax year to the due date of the S corporation return (including extensions), and defines changes quarterly estimated tax payment deadlines for individuals by shifting the second installment from June 15 to July 15 and the third installment from September 15 to October 15, effective for taxable years.
Key Policy Areas
Finance
Primary Purpose
The bill requires extends the mailbox rule to electronic filings and payments, so that electronically submitted documents and payments are considered filed/paid on the date sent, not when the IRS receives them. Requires IRS, exempts extends the deadline for S corporation elections from the previous 2 months and 15 days after the start of the tax year to the due date of the S corporation return (including extensions), and defines changes quarterly estimated tax payment deadlines for individuals by shifting the second installment from June 15 to July 15 and the third installment from September 15 to October 15, effective for taxable years.
Policy Domains
Main Body - Hatch Act Enforcement Transparency
Identified Gains
- Small business corporations seeking S corp status
- Self-employed individuals
- Individual taxpayers with non-wage income
- Individual taxpayers who file electronically
- Business taxpayers who file electronically
Identified Costs
- Internal Revenue Service
Sponsors
Legislative Progress
IntroducedMr. LaHood (for himself, Ms. DelBene, Mr. Feenstra, Mr. Schneider, …
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
Business taxpayers who file electronically, Individual taxpayers who file electronically, Individual taxpayers with non-wage income
S corporation shareholders, Small business corporations seeking S corp status, Small business owners (pass-through entities)
Tax advisors and CPAs, Tax preparation services
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_board"
- → Merit Systems Protection Board
- "the_director"
- → Director of the Office of Personnel Management
- "the_special_counsel"
- → Special Counsel (Office of Special Counsel)
Key Definitions
Terms defined in this bill
An individual who is an employee as defined in section 7322 and is not a noncareer employee
An allegation concerning political activity prohibited under subchapter III of chapter 73 (Hatch Act violations)
An employee serving in the executive branch who was appointed by the President (including noncareer appointees, positions comparable to SES without merit-based procedures, and certain other political positions), excluding uniformed service members and career Foreign Service
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology