Blessed E v
User ID: 72286726 United States 05/13/2022 04:47 PM
Report Abusive Post Report Copyright Violation | Tax professionals ‘horrified’ by IRS decision to destroy data on 30 million filers [ link to www.cnbc.com (secure)] PUBLISHED THU, MAY 12 20221:58 PM EDT An audit by the Treasury Inspector General for Tax Administration revealed the IRS has tossed data for millions of payers, sparking anger from the tax community. The material, known as paper-filed information returns in accounting parlance, is sent yearly by employers and financial institutions, and covers taxable activity, such as W-2 forms, with copies sent to taxpayers and the IRS. “The continued inability to process backlogs of paper-filed tax returns contributed to management’s decision to destroy an estimated 30 million paper-filed information return documents in March 2021,” according to the report. Well now we know! Don't ever file electronically! Last Edited by Blessed E v on 05/13/2022 04:51 PM“The heart of the discerning acquires knowledge.” Proverbs 18:15 |
Blessed E v
(OP)
User ID: 72286726 United States 05/13/2022 04:48 PM
Report Abusive Post Report Copyright Violation | Re: Tax professionals ‘horrified’ by IRS decision to destroy data on 30 million filers Who are these horrified tax professionals anyway??? Or the tax community it sparked anger from? HA Last Edited by Blessed E v on 05/13/2022 04:50 PM“The heart of the discerning acquires knowledge.” Proverbs 18:15 |
Blessed E v
(OP)
User ID: 72286726 United States 05/13/2022 04:49 PM
Report Abusive Post Report Copyright Violation | Re: Tax professionals ‘horrified’ by IRS decision to destroy data on 30 million filers I know I know. Just more distraction from the stolen election and the plandemic. “The heart of the discerning acquires knowledge.” Proverbs 18:15 |
Blessed E v
(OP)
User ID: 72286726 United States 05/13/2022 04:53 PM
Report Abusive Post Report Copyright Violation | Re: Tax professionals ‘horrified’ by IRS decision to destroy data on 30 million filers Now if it is employers and financial institutions taxes getting buried and burned. Then if you can't beat join them! I thought about filing paper this year! Darn I wish I had! “The heart of the discerning acquires knowledge.” Proverbs 18:15 |
Anonymous Coward User ID: 78679207 United States 05/13/2022 05:15 PM Report Abusive Post Report Copyright Violation | Re: Tax professionals ‘horrified’ by IRS decision to destroy data on 30 million filers I always file paper, and will continue to do so.
I also write checks, write letters, all paper. I like my old way of doing things. Never seen a reason to change. |