Tag: taxes

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IRS’s Impending Software

For way too long the IRS has been at the mercy of an agreement they made with Intuit and others when it comes to tax filing software in the US. The deal it struck was to allow companies to develop their own software but also prevent the IRS from doing the same. We all know how that turned out. Now, the IRS will roll out its own homegrown system beginning in January. This may finally bring an end to the complicated (and annoying) process of filing taxes. Jacob Bogage at the Washington Post has more. The system will be available…

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Taxlog

As of Monday, the ability to file taxes in the United States has begun. And the IRS has already stated there will be massive delays due to staff shortages and overload from working on COVID-related programs throughout 2021. More from the AP & NBCNews Agency officials are already warning filers that “in many areas, we are unable to deliver the amount of service and enforcement that our taxpayers and tax system deserves and needs,” as IRS Commissioner Chuck Rettig put it earlier in the month. Delays in processing are to be expected — especially because the IRS says it still…