IRS has an extra $80 billion in its budget — here's where the money could go
Details on the Internal Revenue Service’s spending plans for a major cash influx are about to come to light, Treasury Secretary Janet Yellen said Tuesday.
Yellen spoke Tuesday at the swearing-in ceremony for Danny Werfel, the newly-confirmed IRS commissioner. Werfel “will lead the IRS through an important transition” after the agency “suffered from chronic underinvestment,” Yellen said in prepared remarks. Some of the money will go toward modernizing the taxation experience. By the first five years of the decade-long plan, taxpayers should be able to file all of their tax documents and respond to all IRS notices online, according to a Treasury official.
The IRS has already been hiring more staff, including 5,000 customer service representatives to help with phone service, which has fallen off during the pandemic.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Pickleball Phenomenon Taking Over NYC Rink — Starting at Just $80 an HourA recent sports sensation has set up shop at an iconic New York City tourist spot. Central Park’s Wollman Rink is transforming into the city’s biggest pickleball destination for the spring and summer. From April 7 to Oct. 9, the rink will offer daily play between 14 new dazzling courts. Each of the courts can fit four to eight people…
Consulte Mais informação »
New IRS leader promises faster, easier tax filing processNew IRS Commissioner Danny Werfel said the agency will use an $80 billion to become faster, more tech-savvy,
Consulte Mais informação »
WTI Price Analysis: Corrects to $80.00 after a gap-up move, volatility to remain highWest Texas Intermediate (WTI), futures on NYMEX, have shown some correction after failing to sustain above $81.00 in the Asian session. The oil price
Consulte Mais informação »
Asian Stock Market: Fails to capitalize on steady Fed policy bets, oil maintains auction above $80.00Asian Stock Market: Fails to capitalize on steady Fed policy bets, oil maintains auction above $80.00 – by Sagar_Dua24 Asia Fed Oil PMI DollarIndex
Consulte Mais informação »
WTI holds above $80.00 per barrel as traders digest OPEC+ cuts, weak global PMIsWestern Texas Intermediate (WTI) holds to its previous day’s gains, clings above the $80.00 per barrel psychological level as traders diggest over-the
Consulte Mais informação »
IRS extends tax deadline in storm-impacted areas in several statesThe IRS has pushed tax deadlines back for taxpayers in several states across the country because of storm damage from the East Coast to the West Coast.
Consulte Mais informação »