Monday, April 18 is Tax Day and the IRS expects to receive tens of millions of last-minute filings electronically and through paper forms.
WASHINGTON -- Monday is Tax Day - the federal deadline for individual tax filing and payments - and the IRS expects to receive tens of millions of last-minute filings electronically and through paper forms.
Nina Tross, executive director of the National Society of Tax Professionals, said that if people haven't filed their taxes by now,"they're better off filing an extension." The IRS this year is facing its biggest backlog in history. At the end of the 2021 filing season, the agency had 35.3 million returns waiting for processing. One reason is that every paper document that goes into the IRS is processed by a human, according to the IRS.
This year will be one of the most challenging for the agency, with its record low staffing numbers. The IRS workforce is the same size it was in 1970, though the U.S. population has grown exponentially and tax laws have become increasingly complicated. Greene-Lewis, who has been doing taxes for more than 20 years, said"you want to report the correct amount you received so you don't have to have to make adjustments to your refund."
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