S 1386

The Small Business Taxpayer Bill of Rights Act of 2025 aims to strengthen the rights and protections afforded to small businesses dealing with the Internal Revenue Service (IRS). It introduces several key changes, including modifying standards for awarding costs, increasing penalties for unauthorized disclosures, establishing a right to independent conference, and limiting the IRS’s ability to raise new issues on appeal. The bill also seeks to address issues like mandatory terminations for misconduct, review of IRS criteria for audits, and providing a deduction for audit expenses. Furthermore, it includes provisions to limit the IRS’s ability to levy principal residences and to increase penalties for unauthorized disclosures of taxpayer information.