Missouri SB931 modifies tax information mailing procedures for taxpayers.

Missouri SB931 revises the process for mailing tax information to taxpayers. The bill repeals and replaces Section 143.611 of the Revised Statutes of Missouri (RSMo) to update the rules for notifying taxpayers of tax deficiencies or overpayments. It mandates that the director of revenue examine tax returns to determine the correct tax amount and notify taxpayers of any discrepancies. If a taxpayer fails to file a return, the director must estimate the taxable income and notify the taxpayer accordingly.

Missouri SB931 modifies tax information mailing procedures for taxpayers.

Missouri SB931 revises the process for mailing tax information to taxpayers. The bill repeals and replaces Section 143.611 of the Revised Statutes of Missouri (RSMo) to update the rules for notifying taxpayers of tax deficiencies or overpayments. It mandates that the director of revenue examine tax returns to determine the correct tax amount and notify taxpayers of any discrepancies. If a taxpayer fails to file a return, the director must estimate the taxable income and notify the taxpayer accordingly.