Missing your tax refund? It’s all too easy to understand why.
Hiring challenges, the COVID pandemic, broken printers and copiers, and millions of stimulus payments to be mailed have created unprecedented backlogs at the Internal Revenue Service. The crisis at the IRS explains in part why the Biden administration is seeking $80 billion in new IRS funding to restore declining budgets and beef up enforcement efforts.
The IRS has over 4,000 unfilled positions, all for workers who would normally be reviewing and processing tax returns. Over 40% of copiers and printers used to process tax returns and prepare training materials for new hires are reportedly broken or simply out of ink, due to contracting snafus. (Personal note: I called the IRS last week with a tax query but the call was disconnected after playing the message that “the IRS was too busy to take the call.”)
Problems with the IRS? Check out our previous article: Help! The IRS Hasn’t Cashed My Check Yet