H.R. 7090 · 117th Congress
Eliminating Paperwork for Startups Act
- Stage
- In committee
- Sponsor
- Patrick McHenry
- Introduced
- 2022-03-15
- Latest action
- 2022-03-15 · Introduced in House
Summary
Eliminating Paperwork for Startups Act
This bill requires the Internal Revenue Service to allow the election relating to property transferred in connection with services (i.e., to include in gross income the amount of such property in the year of transfer) to be made in electronic form.