IRS Backlog Update for 2022-Returns are being processed!
June 24, 2022IRS Backlog Update for 2022-Returns are being processed! The IRS is still digging through millions of unprocessed tax returns. The IRS backlog, created by years of budget cuts, understaffing, pandemic-related office closures and added duties, should be resolved before December according to IRS Commissioner Charles Rettig. In a statement issued June 2022, the IRS said… Read more »
IRS Having Difficulty Processing Power of Attorney Forms
January 26, 2022The 2021 tax season is open! It is promising to bring a host of challenges. Tax professionals are largely ready to forge ahead to help their clients get through it, but now they may have trouble getting power of attorney forms processed. The IRS is still dealing with a backlog of millions of tax returns,… Read more »
Treasury says be ready for frustration this tax season
January 18, 2022Frustrating Tax Season Ahead According to Treasury Department Be forewarned, the Treasury is warning of additional headaches this tax filing season. Taxpayers should be prepared for delays as returns and refunds are processed. There will be difficulties in reaching the IRS. The Treasury officials said funding cuts and staffing shortages due to the ongoing health… Read more »