Latest Update: Friday, January, 16th 2009

To amend the Internal Revenue Code of 1986 to enhance taxpayer protections and outreach. 4/17/2007--Passed House amended.    (There is 1 other summary) Taxpayer Protection Act of 2007 - Amends Internal Revenue Code provisions relating to tax administration and taxpayer protections. (Sec. 2) Allows married couples who file a joint tax return to elect to conduct their business activities as a qualified joint venture without being treated as a partnership. Defines "qualified joint venture" as a trade or business entity in which the only members are a husband and wife who materially participate in such venture. Allows participating spouses to conduct their individual business activities as sole proprietors and divides their items of income and expense in accordance with their respective interests in such venture. (Sec. 3) Requires the Secretary of the Treasury to notify a taxpayer of: (1) any unauthorized use of such taxpayer's identity [...]

show full description
Latest Actions
  • 04/18/2007 - Received in the Senate and Read twice and referred to the Committee on Finance.
  • 04/17/2007 - Mr. Lewis (GA) moved to suspend the rules and pass the bill, as amended.
  • 04/17/2007 - Considered under suspension of the rules. (consideration: CR H3417-3423)
  • 04/17/2007 - At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
  • 04/17/2007 - Considered as unfinished business. (consideration: CR H3435-3436)

show all actions