WHAT’S THE BUZZ, TELL ME WHAT’S A HAPPENNIN’?
Celebrating
my birthday with some BUZZ. Hopefully
BLOGGER will not censor it.
* Kay
Bell provides advice and information for victims of recent hurricanes and other
natural disasters in “Tips on rebuilding tax and other records lost in a disaster” at DON’T MESS WITH TAXES
* Michael Cohn reports “Daniel Werfel nominated as next IRS commissioner” at ACCOUNTING TODAY
* Michael also tells us “IRS still coping with millions of unprocessed tax returns” (highlights are mine) -
“The Internal Revenue Service had 4.4 million unprocessed
individual returns received this year as of Oct. 28, including tax year 2021 returns and
late-filed returns from the prior year, as IRS funding has become more of an
issue during election season.
The IRS reported in the
latest update this week on the status of its mission-critical operations during
COVID-19 that of those 4.4 million unprocessed returns, 1.9 million require
error correction or other special handling, while 2.5 million are paper returns still waiting to be reviewed and
processed. The work typically
doesn't require the IRS to correspond with taxpayers, but does require special
handling by an IRS employee so, in those cases, it's taking the IRS more than
21 days to issue any related tax refund.”
A taxpayer (a client
before I retired) had timely filed her 2021 return, and subsequently, in early
May) filed an amended 2021 return with a payment of additional tax. She just received a refund check from the IRS
for the amount she had paid with the 2021 amended return plus interest. Obviously, she was instructed to return the
check. But this proves that the IRS is
still seriously backlogged.
* Two new posts for you
to read and share at AMERICANS FOR COMMON SENSE. One reports on the obvious fact that “Today’s Republican Party Lies” and the other explains why “The Electoral College Must Be Destroyed”.
* Be
sure to check out the latest post at BOBSERVATIONS.
* Since I began with Kay
Bell let me end with her. She explains “The tax-saving ABCs of RMDs and QCDs” at, where else, DON’T MESS WITH TAXES.
THE LAST WORD –
I’ll say it again.
Any person who does not recognize and understand the obvious fact
that Trump’s one and only agenda as President was to feed his ego and line his
pockets and who actually believes Trump cares one ounce about anyone or
anything but himself is a complete moron.
MAGA Morons – those who listen to, believe and support Trump – are
the dumbest people on Earth.
TTFN
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