A pair of new government reports highlighted some of the challenges the Internal Revenue Service needed to overcome last tax season as it struggles to help taxpayers and identity theft victims despite constrained resources.
One report, released Friday by the Treasury Inspector General for Tax Administration, found the IRS was challenged by the late passage of legislation by Congress that extended a number of expired tax provisions. To reduce the impact of the late legislation on filing season, the IRS monitored the status of the pending legislation and took steps to implement the extension of those provisions prior to their enactment by Congress. Those efforts allowed the IRS to begin accepting and processing individual tax returns on the scheduled date of Jan. 19, 2016.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access