Don't put off your taxes this year.
"Planning for the nation's filing season process is a massive undertaking, and IRS teams have been working non-stop these past several months to prepare," IRS Commissionersaid in a statement."The pandemic continues to create challenges, but the IRS reminds people there are important steps they can take to help ensure their tax return and refund don't face processing delays.
And getting ahead will help you navigate another troubling year ahead for the IRS. Treasury Department officials warned on Jan. 10 that the IRS will still be facing"enormous challenges" during this year's tax filing season, which will likely make it another"frustrating season" for taxpayers, per"In many areas, we are unable to deliver the amount of service and enforcement that our taxpayers and tax system deserves and needs.
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IRS: Agency will begin accepting 2021 tax returns on Jan. 24Taxpayers are urged to file their returns early to get refunds more quickly.
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IRS tax-filing season to kick off on Jan. 24The tax-filing season will end a few days later than usual this year.
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IRS is in 'crisis,' facing massive backlog as new tax season startsThe Internal Revenue Service had more than 11 million unprocessed tax returns left over from the 'most challenging year' taxpayers ever experienced and will begin the upcoming filing season already behind, according to a report from the National Taxpayer Advocate released Wednesday.
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JPMorgan CEO: Biden overdoing IRS surveillance would be 'terrible'JPMorgan Chase CEO Jamie Dimon warned that President Biden’s proposal to crack down on wealthy tax evaders by requiring banks to report more customer information on most Americans' accounts to the Internal Revenue Service could potentially be “terrible.”
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Here’s when you can begin filing federal tax returns, and why the IRS says it may be frustratingTaxpayers have until April 18 to file their 2021 returns.
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