The troubles at the IRS for taxpayers are worse than I thought. It is more important than ever that you take action and file your taxes electronically. I recently spoke with an accountant that I work with frequently. He attended a tax preparation seminar in which he was told some shocking information.
Tag: IRS
The IRS and You in 2022
The 2021 tax season created chaos for the IRS as they were both overloaded and understaffed. This resulted in substandard telephone service and delayed refunds. This year things will be even worse. Deadlines to Note April 18, 2022, is the deadline for tax returns. This date will only change if the President and the Secretary of the Treasury decide a…
What’s going on with the IRS?
Here are some truths about tax season this year that are very helpful but at the same time very disheartening: The IRS is very behind on its work and can’t keep up. This is particularly troublesome for people who file paper returns and pay with paper checks. Presently there are over 7 million individual returns and 2.3 million business returns…