Internal Revenue Service Commissioner Charles Rettig told Congress today the backlog of tens of millions of tax returns from last year will be processed by December.
Speaking to the House Ways and Means Committee Oversight Subcommittee, Rettig said this year’s filing season, which began January 24, has gotten off to a strong start with returns eligible for refunds processed on a priority basis ahead of returns with a balance due or fully paid. Defending his agency, he said IRS employees have performed spectacularly well during the pandemic.
Asserting the IRS audits high income taxpayers more than any other category, Rettig said the most experienced agents are assigned to the most complex tax returns.
However, he acknowledged the agency is being outgunned by major companies:
IRS Chief: Backlog Of Tens Of Millions Of Returns Will Be Processed By December
- by: Ted Knutson
- 04-17-2022
- Source:
Forbes
- 04/18/2022
Exterior, United States IRS building, Washington, D.C by Wikimedia Common is licensed under Wikimedia Common Public Domain
Exterior, United States IRS building, Washington, D.C by Wikimedia Common is licensed under Wikimedia Common Public Domain
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