FAIR PREP Act of 2025 prohibits the Secretary of the Treasury from preparing tax returns and limits funding for electronic tax preparation services.
The FAIR PREP Act of 2025 amends the Internal Revenue Code to prohibit the Secretary of the Treasury from preparing any tax return or claim for refund, except under specific conditions. It also restricts the Secretary from funding any electronic tax preparation service option after the enactment of this Act unless authorized by law. The Act defines "prepare" as completing tax forms and filing returns, and it excludes certain computations and fillable forms from this definition. The provisions apply to returns filed 30 days after the Act's enactment.
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- Impact
- Legal Framework
- Critical Issues
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