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Internal Revenue Service Restructuring and Reform Act of 1998
(redirected from Internal Revenue Service Restructuring and Reform Act)

   Also found in: Wikipedia 0.01 sec.
Internal Revenue Service Restructuring and Reform Act of 1998
The legislation targeted at IRS reform, particularly related to the time period required for capital gains and taxpayer protection and rights.

Internal Revenue Service Restructuring and Reform Act of 1998
Legislation in the United States that amended the Internal Revenue Code of 1986 in a variety of ways. Among its major provisions were the institution of tax deductions for interest on some student loans and the exclusion of individuals who do not provide their tax identification numbers from the earned income tax credit. It also provided a five year term for the Commissioner of Internal Revenue.


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A major part of the Internal Revenue Service Restructuring and Reform Act of 1998 focused on new collection due process rights.
GUST refers to the following: The Uruguay Round Agreements Act; the Uniformed Services Employment and Reemployment Rights Act of 1994; the Small Business Job Protection Act of 1996; the Taxpayer Relief Act of 1997; the Internal Revenue Service Restructuring and Reform Act of 1998 and the Community Renewal Tax Relief Act of 2000.
The culmination of those hearings, the Internal Revenue Service Restructuring and Reform Act of 1998, would soon turn the agency upside down.
 
 
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