Treasury Secretary Janet Yellen is calling Republicans' most recent round of proposed funding cuts to the IRS “damaging and irresponsible.”
ByFILE - Treasury Secretary Janet Yellen speaks at the Atlantic Council Global Citizen Awards, Sept. 20, 2023, in New York. Taxpayers will be able to digitally submit all sorts of tax documents and other communications to the IRS months earlier than originally planned under a new timetable being announced Tuesday, Nov. 7.
The $80 billion the agency received last summer through Democrats' Inflation Reduction Act has been vulnerable to cuts, but Yellen and Treasury are trying to keep the focus on what the allotted funds are doing for taxpayers. The processing change is expected to cut back on the $40 million per year that the agency spends storing more than 1 billion historical documents. The federal tax administrator receives more than 200 million paper tax returns, forms and pieces of mail and non-tax forms annually, according to the IRS.
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The IRS plan to let taxpayers digitally submit documents is ahead of schedule, Janet Yellen saysTaxpayers will be able to digitally submit all sorts of tax documents and other communications to the IRS months earlier than originally planned.
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The IRS plan to let taxpayers digitally submit documents is ahead of schedule, Janet Yellen saysTaxpayers will be able to digitally submit all sorts of tax documents and other communications to the IRS months earlier than originally planned
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The IRS plan to let taxpayers digitally submit documents is ahead of schedule, Janet Yellen saysTaxpayers will be able to submit all sorts of tax documents and other communications to the IRS digitally months earlier than originally planned under a new…
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The IRS plan to let taxpayers digitally submit documents is ahead of schedule, Janet Yellen saysWASHINGTON (AP) — Taxpayers will be able to submit all sorts of tax documents and other communications to the IRS digitally months earlier than originally
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