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While the Internal Revenue Service has managed to reduce its backlog of unprocessed tax returns since the pandemic, one area where it's losing ground is in processing all the documentation for tax adjustments.
Benzinga reviews this weekend's top stories covered by Barron's. Here are the articles investors need to read.
The IRS confirmed that 6,821 tax accounts were marked as deceased and locked — meaning that the agency wouldn’t process the tax returns associated with ...
The IRS locked the accounts of more than 90,000 taxpayers because it incorrectly thought they were dead.
A potential fraud issue exists because the IRS does not know the location of microfilm cartridges holding millions of business and individual tax records, a new TIGTA report shows.