Bill · H.R. 1075· House(119-HR-1075)
Tax Administration Simplification Act
- Introduced
- 2/6/2025
- Last activity
- 2/6/2025 — Referred to the House Committee on Ways and Means.
- Sponsored by
- Darin LaHood
- Cosponsors
- - 2 - 4
- Introduced
- In Committee
What this bill would do
The Tax Administration Simplification Act aims to improve tax administration by amending the Internal Revenue Code of 1986. It expands the "mailbox rule" to include electronic filings and payments, ensuring the date sent is considered the date of delivery or payment. The bill also extends the timeframes and authorities regarding S corporation elections and revocations. Additionally, it adjusts the due dates for certain quarterly estimated income tax installments. These changes are scheduled to take effect primarily for taxable years beginning after December 31, 2025.
Yes· 3 of 6
Does this make it easier to run a small business?+4
The bill eases administrative burdens for S corporations by allowing for late elections and revocations due to reasonable cause.
Would business owners be better off under this?+4
The bill simplifies S corporation election processes and provides administrative flexibility for small business entities.
Does this cut taxes for small businesses?+3
The bill provides more flexibility for S corporations to make and revoke elections, which can help small businesses manage their tax status.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Electronic Filing and Payment Security: Under Section 2, the date a person electronically sends a required return, document, or payment will be deemed the date of delivery or payment, regardless of when the IRS receives or reviews it. This provides certainty for those submitting items electronically.
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S Corporation Flexibility: Section 3 allows small business corporations to make S corporation elections up to the due date of their return, including extensions. It also gives the Secretary authority to treat late elections as timely if there is reasonable cause.
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S Corporation Revocation Flexibility: Under Section 3, the Secretary is granted authority to treat late revocations of an S corporation election as timely if there is reasonable cause.
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Adjusted Tax Payment Deadlines: Section 4 changes the due dates for certain quarterly estimated income tax installments from June 15 to July 15 and from September 15 to October 15.
Potential Negative Impacts for People
- No specific negative impacts are explicitly stated in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Improves Small Business Support+4Reduces Small Business Taxes+3Improves Fiscal Responsibility+1
- Demographic And Interest Groups
- Good For Business Owners+4Good For Middle Class Households+2
- Governance And Ideology
- Improves Government Transparency+1
- 9/9/2025
- 1 Cosponsor added.
- 2/6/2025
- Referred to the House Committee on Ways and Means.
- 5 Cosponsors added.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Suzan DelBeneDemocrat · Washington
Randy FeenstraRepublican · Iowa
Brian FitzpatrickRepublican · Pennsylvania
Jimmy PanettaDemocrat · California
Bradley SchneiderDemocrat · Illinois
Eugene VindmanDemocrat · Virginia