BIDEN WANTS IRS TO DRIVE HIS RECOVERY
January 26, 2022 - Douglas Myser
Biden wants IRS to drive his recovery. As the President moves his Covid recovery through the IRS, the nation's tax collector will take on an expanded role as comptroller of the social safety net, delivering billions of dollars in stimulus payments to millions of American households. But the missions threatens to stretch the agency between its primary role as the country's chief revenue collector and its relatively new presence as the distributor of coronavirus relief. IRS executive stated that they were up to the competing taks, and urged taxpayers to file their returns and supporting documentation early and digitally. Ken Corbin, the IRS's wage and investment division commissioner, said earlier rounds of stimulus payments provided a blueprint for the agency in the future. Biden wants IRS to drive his recovery.
"We believe that the reason we're being looked at is how the IRS responded during the pandemic to provide the economic impact payments," Corbin said. "We certainly feel that if there's a role play that our agency can play to help taxpayers and help citizens share this hard time, we will be positioned to do so. And we'll take every appropriate action to make sure that we not only meet the law when it's passed, but that we provide accurate and safe service to taxpayers." Looks like the IRS is getting aggressive again, and some taxpayers will need Tax Resolution Services. Biden wants IRS to drive his recovery.
Part of the IRS's challenge in the coming months is developing the technological tools to administer Biden's ambitious recovery plan. Like much else within the agency, its software is outdated. A frequent solution to new requirements, experts say, is to build systems on top of existing platforms, even if there are bugs in the software. For example, Nina Olson, the former national taxpayer advocate, IRS developers built its stimulus payment distribution system into the same system it uses for return filing, bogging down the processing of both. Due to the overloaded work at the IRS, Biden has proposed a much bigger budget, to hire thousands more IRS employees, and Revenue Agents, to increase the number of IRS audits, and increase the Criminal Division's manpower.
Now that the IRS is adding thousands of additional workers, if you have a tax debt or unfiled returns, now is the time to it fixed, prior to the IRS putting a IRS Wage Garnishment on you. Our Tax Resolution Company is 36 years old and respected by other Tax Resolution Companies who know our business practices. We will file any IRS or State Revenue Returns, then determine your options for Tax Relief, including, but not limited to, the IRS Fresh Start Program, Offer in Compromise, Penalty Abatement, Innocent Spouse, Payroll Taxes for business owners, Letter Rulings for those who might be also be considering Tax Court, Livable Payment Plans, Audit Representation, and additional services not mentioned here. Tax Resolution can be stress free the way we take our clients through the process. Call today for a Tax Resolution Services consultation. 1-888-689-7861