The IRS will try to process over 133 million tax returns filed by individuals and businesses this year while also facing a backlog of returns.
Funding for the IRS has fallen by 20% over the last decade, the official claimed, and he insisted the agency needed stable, long-term funding so it can finally modernize and "invest in the 21st-century workforce."
"This has been a priority since the Obama administration and has been spotlighted by the president each and every time he came into office," the official added. "And unfortunately, some in Congress have staunchly opposed the kind of funding the IRS needs to be able to rebuild.
The IRS received over 133 million tax returns this year from individuals and businesses across the country, leading to an "all hands on deck" approach to tackle the existing situation. One point of pride the agency touted was its success rate with fast turnarounds on electronically filed tax returns, with most receiving their tax refund within 14 to 21 days of filing.
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