U.S. Congressional Tipoffs Involving Iowa Newsletter for Sunday July 21, 2024 ( 1 items ) |
Feenstra Helps Introduce Legislation to Simplify Tax Filing Process for Iowa Workers and Small Businesses
WASHINGTON, July 19 -- Rep. Randy Feenstra, R-Iowa, issued the following news release:
Last month, U.S. Rep. Randy Feenstra (R-Hull) helped introduce legislation to simplify the tax filing and payment process for workers and small businesses.
The Tax Administration Simplification Act would apply the mailbox rule to electronically submitted documents and tax payments to the IRS, allow newly formed small businesses to elect to be treated as an S Corporation on their first tax filing, and revise
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