Jan 13, 2022

Tax season is about to start. How ready is the IRS?

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Also today: Lael Brainard, the nominee for vice chair of the Federal Reserve, is ready for her confirmation hearing today. What questions could she face? There are now companies that specialize in providing clarity on supply chains.

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IRS urges taxpayers to prepare to file ... and to wait

by Amanda Peacher

Jan 13, 2022

In a statement Monday, the agency warned that it is still addressing a backlog of taxpayer inquiries from the past year.

Anticipating a high volume of calls and the ensuing backlog, the IRS is urging people to prepare as much as possible this tax season.

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