Trending

Good News, Treasury Says $80B From Hill Democrats Will Smooth Tax Filings

Treasury officials said Friday and Monday that the IRS had hired 5,000 new customer service reps, following the $80 billion in funding for the agency passed by Democrats as part of the Inflation Reduction Act last year.

  • The 2023 tax filing season officially opened Monday and closes on April 18.
  • “The IRS answered too small a share of the total number of calls they received last year,” Deputy Treasury Secretary Wally Adeyemo said in a statement released Monday. “These 5,000 new hires will … help address the continued elevation of call volumes we’ve experienced over the past two years.”
  • Millions of taxpayers are still waiting on their federal refunds.
  • Treasury officials also said Monday that the IRS had hired about 650 additional people to provide in-person support at taxpayer assistance centers.
  • Congressional Republicans and others have railed against the passage of the multi-billion bill, saying the money will go to hire 87,000 new IRS auditors who will target hardworking Americans.
  • The  first vote on legislation by the new Republican-controlled House was to approved a bill that would rescind nearly $80 billion for the Internal Revenue Service.

 

Click to read full article Go back home

Sign Up for Our Newsletter

Join our list!

Sign up here to get our daily newsletter with the top trending headlines.