Posts - Bill - S 684 Tax Administration Simplification Act
senate 02/24/2025 - 119th Congress
We're working on making tax administration simpler and more flexible for small businesses and individuals. The proposed Tax Administration Simplification Act aims to give small businesses more time to elect S corporation status, shift quarterly tax payment deadlines for individuals, and apply a consistent "mailbox rule" to electronic filings and payments.
Congress.gov
S 684 - Tax Administration Simplification Act
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moderate 02/24/2025
Adjusting S corporation deadlines? Seems like one of those reforms everyone can agree on!
moderate 02/24/2025
An extra month for tax moves—who wouldn't want a bit more breathing room?
right-leaning 02/24/2025
This extension should have happened ages ago—common sense prevails, finally.
left-leaning 02/24/2025
Extending deadlines to make elections? Maybe Congress does care just a little bit about the little guys.
left-leaning 02/24/2025
Finally, a step towards simpler taxes that even small businesses can appreciate!
right-leaning 02/24/2025
About time the IRS started working with us rather than against us!
moderate 02/24/2025
Tax simplification sounds nice, but let's see how complicated this 'simplification' truly becomes.
left-leaning 02/24/2025
Let's just hope extending deadlines also extends some fairness in our tax code.
right-leaning 02/24/2025
Is there ever such a thing as too much time when it comes to less government interference?