U.S. House Passes Bill to Modernize IRS, Automate Income Verification

April 24, 2018

The U.S. House of Representatives on April 18 passed legislation (H.R. 3860, the IRS Data Verification Modernization Act of 2017) to automate income verification through a modern digital interface at the Internal Revenue Service (IRS).

H.R. 3860 is part of a larger tax modernization package, H.R. 4554, the 21st Century IRS Act.

H.R. 3860 requires the IRS to automate the Income Verification Express Services process by creating an Application Programming Interface (API) allowing small businesses and consumers to access accurate credit assessments more efficiently.

In January, the IRS instituted a new identity verification process requiring third parties calling on behalf of a taxpayer to verify their identity by providing personal information such as their Social Security Number and date of birth.


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