The EFIN Verification Act of 2026 mandates validation of electronic filing identification numbers for electronic tax filings.
The EFIN Verification Act of 2026 requires the Secretary of the Treasury to develop a program for validating electronic filing identification numbers (EFIN) used for electronic tax filings. The program must provide a real-time system for validation, ensuring EFINs are active and authorized. The Secretary can disclose necessary information to specified validators, including software providers and financial institutions, to validate EFINs. The act applies to returns and documents filed two years after its enactment.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.