Policy Impact Analysis - 117/HR/7440

Bill Overview

Title: IRS Customer Service and Modernization Act of 2022

Description: This bill requires the Internal Revenue Service to (1) develop a written corrective action plan to improve tax return processing times, and (2) adopt measures to improve communication with the public.

Sponsors: Rep. Bice, Stephanie I. [R-OK-5]

Target Audience

Population: Individuals who file taxes in the United States

Estimated Size: 170000000

Reasoning

Simulated Interviews

Software Engineer (San Francisco, CA)

Age: 29 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 7/20

Statement of Opinion:

  • The delays in processing returns last year were frustrating, and a better system would definitely ease my stress.
  • As someone new to freelancing, I often have questions about deductions.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 7 6
Year 5 8 6
Year 10 8 5
Year 20 8 5

Small Business Owner (Columbus, OH)

Age: 45 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 15.0 years

Commonness: 4/20

Statement of Opinion:

  • Improved processing times would be a game-changer for cash flow management and business planning.
  • We need clear communication channels for businesses, not just individuals.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 8 6
Year 3 8 5
Year 5 9 5
Year 10 9 4
Year 20 9 3

Artist (Santa Fe, NM)

Age: 38 | Gender: other

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 5/20

Statement of Opinion:

  • Better IRS communication would relieve a lot of stress, especially regarding my odd income patterns.
  • Unclear guidelines have always been a challenge.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 6 5
Year 3 7 5
Year 5 7 4
Year 10 7 4
Year 20 7 3

Retired (Miami, FL)

Age: 65 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 8.0 years

Commonness: 10/20

Statement of Opinion:

  • Faster refunds on overpaid taxes would ease my budgeting concerns.
  • I need simplified instructions and easy access to answers.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 6
Year 3 7 6
Year 5 8 6
Year 10 8 5
Year 20 8 5

Construction Worker (Houston, TX)

Age: 50 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 12.0 years

Commonness: 8/20

Statement of Opinion:

  • Quicker refunds will help me plan family expenses better each year.
  • It’s hard to get through to the IRS when I have questions.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 8 6
Year 5 8 5
Year 10 8 5
Year 20 8 4

Stay-at-home Parent (Seattle, WA)

Age: 34 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 9/20

Statement of Opinion:

  • The annual tax refund is a crucial part of our yearly planning.
  • I've struggled with long waiting times and lack of clear guidance from the IRS.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 7 5
Year 5 7 4
Year 10 7 4
Year 20 7 3

College Student (Chicago, IL)

Age: 21 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 11/20

Statement of Opinion:

  • As a first-time taxpayer, clearer information and quicker response times would be beneficial for learning the process.
  • I worry about making mistakes on my return.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 7 6
Year 5 7 6
Year 10 7 5
Year 20 6 5

CPA (New York, NY)

Age: 60 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 6/20

Statement of Opinion:

  • Modernization is overdue and could greatly ease the workload and stress during the busy season.
  • Timely responses to inquiries could streamline the tax preparation process for my clientele.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 8 7
Year 3 9 7
Year 5 9 6
Year 10 9 6
Year 20 9 5

Teacher (Detroit, MI)

Age: 53 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 8/20

Statement of Opinion:

  • Streamlined processing times would mean faster refunds, critical for managing dependent care costs.
  • The current complexity of IRS interfaces is daunting.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 8 6
Year 5 8 5
Year 10 8 5
Year 20 8 4

Gig Worker (Denver, CO)

Age: 40 | Gender: other

Wellbeing Before Policy: 5

Duration of Impact: 15.0 years

Commonness: 6/20

Statement of Opinion:

  • The unpredictability in the current IRS processing impacts my budgeting.
  • Detailed and swift communication would be a relief.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 6 5
Year 3 7 5
Year 5 8 5
Year 10 8 4
Year 20 8 4

Cost Estimates

Year 1: $500000000 (Low: $400000000, High: $600000000)

Year 2: $450000000 (Low: $350000000, High: $550000000)

Year 3: $300000000 (Low: $250000000, High: $400000000)

Year 5: $250000000 (Low: $200000000, High: $350000000)

Year 10: $150000000 (Low: $100000000, High: $250000000)

Year 100: $50000000 (Low: $30000000, High: $100000000)

Key Considerations