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IRS warns of messy tax filing season

WASHINGTON – Facts federal tax return season will run from January 24 to April 18 this year, Internal Revenue Service said Monday, warning in the announcement that staffing shortages and backlogs of paperwork can make for a messy and frustrating experience for taxpayers.

In a briefing Monday, Treasury officials said that the IRS would strive to respond promptly to phone calls from taxpayers with questions and that service levels would be lower. They blamed Republican lawmakers, who blocked efforts to increase funding at the agency, for a lack of resources.

The Biden administration has requested additional 80 billion dollars It took more than a decade for the IRS to strengthen its enforcement and customer service capabilities, grow its workforce of nearly 87,000 employees, and upgrade its technology. That request is part of the administration’s Build Back Better Act, which has stalled in Congress. The Treasury Department estimates that increasing the enforcement powers of the IRS could give the federal government $400 billion in additional tax revenue over a decade by closing the so-called tax gap, or money. taxes that the government owes but does not collect.

Treasury officials note that in the first half of last year, fewer than 15,000 employees were available to handle more than 240 million calls — one in every 16,000 calls.

Although the U.S. population has grown by about 60% since 1970 and the tax code has become more complex, the size of the workforce at the IRS has remained constant, the Treasury Department said. The agency now has fewer auditors than it has at any time since World War II.

“In many areas, we are unable to provide the amount of service and enforcement that our taxpayers and tax system deserve and need,” Charles P. Rettig, IRS commissioner, said in a statement. dad. “This is frustrating for taxpayers, for IRS employees, and for me.”

“Additional resources are needed to help our employees get more done in 2022 – and beyond,” he added.

Republicans seized on the Biden administration’s plan to bolster the IRS last year, issuing dire warnings that the agency would be deployed to spy on Americans and target conservatives. Their attacks succeeded in killing a proposal that would have required banks to submit additional taxpayer data to the IRS.

This year’s tax season will be more complicated than usual as pandemic-related economic impact payments and child tax credit payments were allocated last year. Taxpayers will have to report the amount they have received.

The IRS is encouraging taxpayers to file their tax returns electronically, and says people will typically receive a refund within 21 days of filing.

Normally Tax Day falls on April 15, but for most taxpayers it will be postponed to April 18 because of Emancipation Day in Washington. State tax filing deadlines may vary.

https://www.nytimes.com/2022/01/10/business/income-tax-day-deadline.html IRS warns of messy tax filing season

Fry Electronics Team

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