Tuesday, January 11, 2022

Add this to the worry list: IRS "warns of ‘enormous challenges’ this tax-filing season"

"Treasury Department officials on Monday said that the Internal Revenue Service will face “enormous challenges” during this year’s tax filing season, warning of delays to refunds and other taxpayer services.

In a phone call with reporters, Treasury officials predicted a “frustrating season” for taxpayers and tax preparers as a result of delays caused by the pandemic, years of budget cuts to the IRS and the federal stimulus measures that have added to the tax agency’s workload.

Typically, IRS officials enter filing season with an unaddressed backlog of roughly 1 million returns. This year, however, the IRS will enter the filing season facing “several times” that, Treasury officials said, although they declined to give a more precise estimate. The IRS website says that as of Dec. 23, 2021, it still had 6 million unprocessed individual returns, and as of the start of this month it still had more than 2 million unprocessed amended tax returns, a separate category."
Continue reading the article online (subscription maybe required)
https://www.washingtonpost.com/us-policy/2022/01/10/treasury-irs-filing-season/

FYI - For 2020, I filed in February and didn't get a return status until July.  I had a very minor miscalculation in my return that held it up.  Only thing to do is file early, and file accurately.

IRS Commissioner Charles Rettig appears before a House panel last year. (Toni L. Sandys/The Washington Post)
IRS Commissioner Charles Rettig appears before a House panel last year. (Toni L. Sandys/The Washington Post)



No comments:

Post a Comment