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IRS Issues New Tax Warning

by Market FinancePosted onApril 7, 2022April 7, 2022

Make sure you know this!

As the 2022 tax season comes to an end, the IRS has issued a new warning for those who have filed and have yet to file as well.

IRS Commissioner Chuck Rettig told taxpayers that they could be expecting some more delays after filing their tax returns due to the current worker shortage and a massive backlog of unprocessed tax returns.

According to Fox, Rettig blamed the COVID-19 pandemic for the tax delays and the new tax changes such as federal relief measures which were taken.

“The IRS is serving more people and entities in a global environment than ever before while handling new and bigger responsibilities,” Rettig explained. “At the same time, we have experienced delays in updating our IT systems, which means the IRS and taxpayers must continue to use certain paper-based processes.”

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