With a new year comes new opportunities — including the opportunity to once again fork over your money to the IRS. While that’s never a pleasant experience, for taxpayers who need to take advantage of the rumored “Service” aspect of “Internal Revenue Service,” it could be even more unpleasant than usual.
Even before the filing season begins on January 24, the IRS is already behind. That’s because as of the end of 2021, the IRS still has not processed six million returns from tax year 2020. It still has 2.3 million amended returns to get through (which are taking upwards of 20 weeks to resolve), and victims of identity theft are waiting an average of 260 days for resolution.
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