Individuals facing economic hardships informed of collection alternatives

(a) In general Not later than 12 months after the date of enactment of this Act, the Secretary shall— (1) establish a program to identify taxpayers who— (A) are reasonably likely to be experiencing an economic hardship, and (B) have an unpaid tax liability, and (2) in the case of any taxpayer described in paragraph (1) who requests to enter into an agreement described in section 6159(a) of the Internal Revenue Code of 1986, provide such taxpayer with information regarding other options which the Internal Revenue Service makes available to taxpayers who have an unpaid tax liability and are experiencing an economic hardship, including— (A) an agreement described in such section for partial collection of a tax liability, (B) an offer-in-compromise (as described in section 7122 of such Code), and (C) classification as currently not collectible (within the meaning of section 6343(e) of such Code). (b) Economic hardship For purposes of this section, in determining whether a taxpayer is reasonably likely to be experiencing an economic hardship, such determination shall be made in the same manner as determined under section 6343(a)(1)(D) of the Internal Revenue Code of 1986 based on— (1) the most recent income and asset data which the Secretary has received from a return or a report from, or with respect to, such taxpayer, and (2) the schedules described in section 7122(d)(2)(A) of such Code. (c) Report Not later than 2 years after the date of enactment of this Act, the Secretary, in consultation with the National Taxpayer Advocate, shall submit a report to the Committee on Ways and Means of the House of Representatives and the Committee on Finance of the Senate regarding— (1) the accuracy of the Internal Revenue Service with respect to identifying taxpayers who are reasonably likely to be experiencing an economic hardship under subsection (a)(1), (2) whether such identification procedures may be appropriately applied for other purposes, and (3) (A) the number of taxpayers with an unpaid tax liability who were identified as reasonably likely to be experiencing an economic hardship under subsection (a)(1), (B) the options described in subsection (a)(2) that were provided to such taxpayers, and (C) the status of the tax liabilities of such taxpayers.