Summary List Placement

The Internal Revenue Service is grappling with a massive backlog of 35 million unprocessed tax returns, according to a new report from a government watchdog. That will cause millions of individual and business taxpayers to wait to receive potentially critical federal refunds.

The report from National Taxpayer Advocate Erin Collins, an independent organization within the IRS, released on Wednesday underscores the major challenges facing the cash-strapped agency after playing a major role steering economic relief to individuals and businesses during the pandemic. 

The current backlog includes 17 million paper tax returns that aren’t processed yet, along details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: BusinessInsider.Com