S. 5141: A bill to amend the Internal Revenue Code of 1986 to improve the notice and review procedure with respect to multi-year bans on claiming credits.

S. 5141 is a federal bill in the 119th Congress. Before this bill, if the Internal Revenue Service denied certain tax credits like the child tax credit or the earned income tax credit, it could also impose a multi-year ban preventing the taxpayer from claiming those credits in future years. Taxpayers… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.