; or (B) the audit includes an examination of compliance with established processes for voter registration, voter check-in, voting, tabulation, canvassing, post-election proceedings (such as recounts and recanvasses), and reporting of results. . (c) Sense of Congress regarding timing of audits It is the sense of Congress that post-election audits of the effectiveness and accuracy of the voting systems, election procedures, and outcomes used to carry out an election for Federal office in a State and the performance of the State and local election officials who carried out the election are most effective when the audits are completed before the expiration of the period during which persons are authorized under State law to challenge the results of the election. 128. Increase in threshold for requiring information reporting with respect to certain payees (a) In general Sections 6041(a) of the Internal Revenue Code of 1986 is amended by striking $600 and inserting $5,000 . (b) Inflation adjustment Section 6041 of such Code is amended by adding at the end the following new subsection: (h) Inflation adjustment In the case of any calendar year after 2024, the dollar amount in subsection (a) shall be increased by an amount equal to— (1) such dollar amount, multiplied by (2) the cost-of-living adjustment determined under section 1(f)(3) for such calendar year, determined by substituting calendar year 2023 for calendar year 2016 in subparagraph (A)(ii) thereof. If any increase under the preceding sentence is not a multiple of $100, such increase shall be rounded to the nearest multiple of $100. . (c) Application to reporting on remuneration for services and direct sales Section 6041A of such Code is amended— (1) in subsection (a)(2), by striking is $600 or more and inserting equals or exceeds the dollar amount in effect for such calendar year under section 6041(a) , and (2) in subsection (b)(1)(B), by striking is $5,000 or more and inserting equals or exceeds the dollar amount in effect for such calendar year under section