The tax agency has spent nearly $1 billion in new funding to improve service, and tax pros say the investment is already paying off
The IRS is answering 90 percent of its phone calls, has squashed its backlog of overdue returns, introduced new online taxpayer tools to keep pace with private software companies and processed 99.7 percent of returns filed this tax season, according to agency reports.
Another $315.4 million has been spent on operations support, training new employees and preparing software systems for changes in tax laws. The IRS is using some money now to improve services immediately for this year, Deputy Treasury Secretary Wally Adeyemo said. But Biden administration and IRS officials are drafting a plan to spend the rest of the funding over the next decade.
The IRS has made significant progress on its backlog of paper tax returns, and entered the year with a “healthy” level of paper to process, Taluy said.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Biden nominee to oversee massive IRS expansion advances to full Senate voteJUSTIN: The Senate Finance Committee voted on Thursday to advance President Biden’s nominee for IRS commissioner to the entire chamber for a final confirmation vote. The lawmakers voted 17-9 to approve Biden’s nominee, Danny Werfel.
Leer más »
California extends Bay Area tax deadlines to match IRSResidents and businesses in Santa Clara, San Mateo, Alameda, Contra Costa, Solano, San Francisco, Marin, Sonoma, Napa and Santa Cruz counties qualify.
Leer más »
Newsom, IRS give Californians until October to file tax returnsFollowing the IRS' lead, Gov. Gavin Newsom announced Thursday that most Californians won't have to pay their state taxes until Oct. 16. The delay is available to residents in Los Angeles and 50 other counties covered by a federal emergency declaration.
Leer más »
eBay asking users for their Social Security numbers ahead of rule change by IRSPeople who use eBay are being asked by the popular bidding company for their Social Security numbers ahead of a recent adjustment to an Internal Revenue Service rule.
Leer más »
IRS commissioner nomination advances amid debate over $80 billion agency fundingThe Senate Finance Committee this week voted to advance Daniel Werfel’s nomination to become IRS commissioner. Here's what to know.
Leer más »
PolitiFact - Fact-checking CPAC 2023 claims about the FBI, fentanyl, IRSNo, picking up a dollar bill with fentanyl on it won't cause you to overdose. And the Justice Department hasn't labeled parents “terrorists” if they raise concerns about school curriculum. Fact-checking claims from CPAC 2023:
Leer más »