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A sign outside the Internal Revenue Service building is seen, May 4, 2021, in Washington, D.C. The IRS is still too slow to process amended tax returns, answer taxpayer phone calls, and resolve ...
The stakes are high, though, because once Trump does come into office, it’s very unlikely the IRS is going to get its $20 billion back as the agency is already bracing for further cuts expected ...
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In the weeks since passage of the Inflation Reduction Act, one provision has generated more heat in certain corners of the Internet than any other: an $80 billion infusion coming to the IRS.
Thrower continued to rebuff the White House, threatening to resign after a direct order. Later in 1971 he resigned as Commissioner, saying the "introduction of political influence into the IRS would be very damaging to him and his administration, as well as to the revenue system and the general public interest." [8]
The IRS is now answering the phone when you call. That may seem like the lowest of bars to clear, but it was a task that the agency was consistently failing as recently as last year.
IRS estimates of the so-called “tax gap” — the difference between what taxes are owed to the government and what is actually paid — is hundreds of billions of dollars a year.
The Internal Revenue Service is holding 29 million returns for manual processing — delaying refunds for many — because of pandemic-related law changes, processing errors, and fraud detection.