The Treasury Dept. is asking for more money….
Republicans in Congress have, and will contiue to short change the Internal Revenue Service, the collection agency for the American Federal Government….
As millions of Americans raced to finish filing their tax returns on Monday, the Biden administration made another plea for Congress to give the Internal Revenue Service more money.
The latest call for funding to modernize the agency and beef up its enforcement staff followed I.R.S. and Treasury Department officials complaints that they are facing an extraordinarily challenging tax season because of staff shortages and the complexity associated with distributing pandemic relief money. The Biden administration’s proposals to provide the I.R.S. with $80 billion over a decade have thus far fallen flat in Congress.
“The I.R.S. knew walking into this filing season that it did not have the work force or technology in place to serve the American people the way they deserve — to pick up the phones when taxpayers call, to help them access all the credits and benefits to which they are entitled and to ensure that each and every taxpayer receives their refund quickly,” Natasha Sarin, Treasury’s counselor for tax policy, wrote in a report about Tax Day…
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The agency started this tax season buried in a backlog of more than 20 million tax returns from previous years, leaving many taxpayers frustrated about delayed refunds.
The I.R.S. has been holding job fairs with the aim of hiring 10,000 new employees to clear the backlog by the end of the year.
Despite the Biden administration’s continuing push for more money for the agency, it was not clear if that proposal would make it into any legislation that Democrats could pass. Republicans have staunchly opposed providing the I.R.S. with more funding…..
Be careful what the fine print says when U uses a tax service….
Turns out, among the reasons some tax-prep companies want to use the contents of your return is to target you with “offers” — or, as they’re more commonly known, advertisements.
The good news is because of Internal Revenue Service rules, this is one data request you can actually say “no” to while continuing to do your taxes online. And if you already clicked “agree” and now have changed your mind, there are some steps you can take, too….