Tillis Co-Sponsors Legislation To Block Unfair IRS Audits That Target Firearm Sales
March 25, 2023
March 25, 2023
WASHINGTON, March 25 -- Sen. Thom Tillis, R-North Carolina, issued the following news release:
U.S. Senator Thom Tillis (R-NC) and his colleagues recently introduced the Merchant Category Code (MCC) Neutrality Act, legislation that would prohibit the IRS from auditing taxpayers based primarily on the MCC used by their business. The bill would also require the IRS to issue a public report with an annual total of audits initiated for each MCC, and it would serve as an additional check . . .
U.S. Senator Thom Tillis (R-NC) and his colleagues recently introduced the Merchant Category Code (MCC) Neutrality Act, legislation that would prohibit the IRS from auditing taxpayers based primarily on the MCC used by their business. The bill would also require the IRS to issue a public report with an annual total of audits initiated for each MCC, and it would serve as an additional check . . .