The money the IRS spends on tax collection, enforcement and services pulls in much more revenue to fund government operations.
Tax preparation costs are sharply higher this year as the demand for preparers has risen. Software prices have also increased.
Blame the termination of benefits that came with pandemic emergency measures.
The idea has been thrown around for a while now, but new IRS funding may help it become a reality.
Some 6 million returns from last year have yet to be processed. Delays could snowball for seasons to come.
Taxes got extra complicated in 2020, and the IRS has a backlog of 30 million returns that need a manual review.
“Return free filing” is something 36 countries already do.
The Supreme Court on Thursday upheld a prosecutor’s demand for President Donald Trump’s tax returns as part of a criminal investigation.
Except for one or two exceptions: Victims of severe weather in parts of the South this past April will have until Oct. 15.
Word of smaller refunds may have had a chilling effect on filing.
