Monday is Tax Day, the federal deadline for individual tax filings and payments
This year will be one of the most challenging for the agency, with its record low staffing numbers. The IRS workforce is the same size it was in 1970, though the U.S. population has grown exponentially and tax laws have become increasingly complicated.
Important papers such as the “Letter 6419” that outlines the Child Tax Credit payments a taxpayer should have received this year and the “Letter 6475” for stimulus payments should also be on hand. On a call with reporters, a senior Treasury official who spoke on the condition of anonymity said the IRS backlog could be remedied with higher funding levels, as the IRS' budget has decreased by more than 15% in real terms.for last-minute filers — stressing that"taxpayers should be careful to file a complete and accurate tax return. If a return includes errors or is incomplete, it may require further review.
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