Day: July 15, 2021

Tax-Tip

IRS BACKLOG OF TAX RETURNS HITS 35 MILLION

The IRS has ended the filing season with a backlog of over 35 million individual and business income tax returns that require manual processing, after facing an “unprecedented” number of returns requiring manual review, according to the National Taxpayer Advocate. The “historically high” number of returns requiring manual review means

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