The IRS is recalling some workers. After largely shutting down its offices due to the COVID-19 pandemic, the agency is bringing back as many as 11,0
The IRS is recalling some workers. After largely shutting down its offices due to the COVID-19 pandemic, the agency is bringing back as many as 11,000 workers in three states on June 1. The new deadline for tax filing is July 15 and the agency wants to get caught up with a huge backlog of paper tax returns. The IRS has distributed more than 130 million stimulus payments and electronic tax returns are being processed quickly, but millions of refunds claimed on paper returns have been delayed by months.
What happened: IRS workers fell ill, and the agency shut its doors. The Washington Post reports on three IRS service centers that had to close for deep cleaning in the wake of COVID-19 infections among workers. “I don’t think I can think of a word to overstate the negative impact on our mission,” said Chad Hooper, a quality-review manager who is national president of the IRS’s Professional Managers Association. “The backlog of work is incredible.”
A bipartisan bill to create a tax credit to subsidize skills training. Sens. Amy Klobuchar (D-MN), Ben Sasse (R-NE), Cory Booker (D-NJ) and Tim Scott (R-SC) have designed the credit to help people who lost their jobs in 2020 due to the coronavirus pandemic. They’d get a fully refundable tax credit of up to $4,000 to cover, training expenses through the end of 2021. The credit would pay for apprenticeships, certificate…