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Got one IRS notice out of the 170 million sent a year? You might use the Document Upload Tool to reply

As stated in the U.S. Department of the Treasury website, " The IRS sends around 170 million notices to individual taxpayers every year to help them claim the credits and deductions they are eligible for and meet their tax obligations. " In IRS communication IR-2024-155, the IRS reached the milestone of receiving 1 million documents

By |2024-11-12T20:04:09+00:00June 5th, 2024|Categories: Business, Individuals|Tags: , , , , , , , , |

The IRS destroyed over 30m paper returns

According to a new report from the Treasury Inspector for Tax Administration, the IRS would have destroyed more than 30 million paper returns due to the backlog. Note that this was an intentional decision and the IRS has communicated that there should be no repercussions to the taxpayers. However, the IRS might request additional documentation

By |2024-11-18T00:05:53+00:00May 11th, 2022|Categories: Business, Individuals|Tags: , , , , |
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