Entries by Sarah Scheffer

Status of the IRS Backlog

According to a report issued by the Treasury Inspector General on September 2, 2021 – the IRS had a backlog of nearly 8 million paper business tax returns in 2020 due to COVID-19 pandemic.

/by

Are You Eligible for the Summer 2021 IRS Refunds?

Most taxpayers were likely not aware of many of the provisions enacted in The American Rescue Plan of 2021, which became effective March 11, 2021. This Act increased the refund or decreased the amount owed on their 2020 tax return for some taxpayers

/by