S 2629

This bill, the Taxpayer Notification and Privacy Act of 2025, aims to strengthen taxpayer privacy rights when the IRS requests information from third parties. It requires the IRS to provide specific details about the information they intend to obtain from these third parties before contacting them. The bill also establishes a 45-day period for taxpayers to respond and provide the requested information, with the possibility of an extension if requested. A new exception allows the IRS to proceed without providing specific information if they determine it’s necessary despite the taxpayer potentially being able to provide it themselves.