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Brunei
Saturday, February 4, 2023
23.1 C
Brunei
Saturday, February 4, 2023
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    IRS announces January 23 start date for tax filing season

    WASHINGTON (AP) – The official start date of the 2023 tax filing season is January 23, when the Internal Revenue Service (IRS) will begin accepting and processing 2022 returns, the agency announced yesterday.

    The news comes after the National Taxpayer Advocate reported that the IRS watchdog is seeing “a light at the end of the tunnel” of the IRS’ customer service struggles, thanks to the hiring of thousands of new workers and tens of billions of dollars in new funding provided to the IRS in the Democrats’ climate and health law.

    Agency leadership said taxpayers should expect a smoother filing season this year.

    “We’ve trained thousands of new employees to answer phones and help people. While much work remains after several difficult years, we expect people to experience improvements this tax season,” said Acting IRS Commissioner Doug O’Donnell.

    The IRS recently added 5,000 new customer service representatives trained in taxpayer rights and technical account management issues and is chipping away at the hundreds of thousands of unprocessed returns from last tax season.

    The House Republican majority promised to rescind the nearly USD71 billion that Congress had provided the IRS, even though the bill they approved on Monday is unlikely to advance in the Democratic-run Senate.

    The filing deadline for most taxpayers to submit their 2022 tax returns, file extensions and pay money owed is April 18. That is because the normal filing date of April 15 falls on a weekend and the District of Columbia’s Emancipation Day holiday falls on April 17.

    Taxpayers requesting an extension will have until October 16 to file.

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