IRS funding

phone bank

IRS Infrastructure Upgrades Aim to Protect Honest Taxpayers

Bailey Scarano Blog, Tax & Money Tips / By

Upgrading the Internal Revenue Service’s antiquated IT infrastructure will help honest taxpayers, especially those making $400,000 or less, from being audited, Department of the Treasury Secretary Janet Yellen said. Speaking September 15, 2022, at an IRS facility in New Carrollton, Md., Yellen reiterated that the $80 billion in additional funds allocated to the IRS in the …

IRS Infrastructure Upgrades Aim to Protect Honest Taxpayers Read More »

Treasury Department Aims to Upgrade IRS IT

Bailey Scarano Blog, Tax & Money Tips / By

It is pretty hard to do any of our jobs without the proper technology. This is especially true for the IRS, the agency responsible for collecting taxes which ultimately funds nearly all other federal government agencies. With that in mind, the Department of the Treasury is continuing its push to get funding for much needed information …

Treasury Department Aims to Upgrade IRS IT Read More »

National Taxpayer Advocate Delivers Annual Report to Congress

Bailey Scarano Blog, Tax & Money Tips / By

The National Taxpayer Advocate (NTA), Erin M. Collins, has released her 2021 Annual Report to Congress. The NTA called the calendar year 2021 the most challenging year taxpayers and tax professionals have ever experienced. The report states that tens of millions of taxpayers experienced delays in the processing of their returns, with 77 percent of individual …

National Taxpayer Advocate Delivers Annual Report to Congress Read More »

Scroll to Top