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IRS Layoffs Spark Delays, Doubt This Tax Season

The article from Kiplinger discusses the potential impact of IRS layoffs on the upcoming tax season. It highlights that the IRS, already struggling with backlogs and delays due to the effects of the global health crisis, has had to furlough or lay off thousands of employees due to funding issues. This reduction in workforce could exacerbate existing delays in processing tax returns, answering taxpayer inquiries, and issuing refunds. The article mentions concerns from tax professionals and taxpayers about longer wait times, slower refund processing, and overall service deterioration. It also notes that the IRS has been attempting to mitigate these issues by hiring temporary workers and encouraging electronic filing and direct deposit to speed up refund times. However, the overall sentiment is one of uncertainty and doubt regarding the IRS's ability to manage the 2023 tax season efficiently.

Read the Full Kiplinger Article at:
[ https://www.kiplinger.com/taxes/irs-layoffs-spark-tax-season-delays-doubt ]