Electronic Filing and Payment Fairness Act

HR 1152, the Electronic Filing and Payment Fairness Act, changes how the IRS treats electronically submitted tax documents and payments. It extends the "mailbox rule" to electronic filings, meaning the date a taxpayer or business sends a document or payment electronically to the IRS counts as the deadline date - regardless of when the IRS actually receives or processes it. This directly affects taxpayers and businesses submitting forms, payments, or claims online. The bill requires the IRS to issue implementing regulations by December 31, 2025, and applies to electronic submissions sent after that date. The change simplifies compliance by aligning electronic submission timing with the actual sending date.