Watchdog Warns on Tax-Refund Delays Amid IRS Backlog Struggles

U.S. taxpayers face the risk of delayed refunds from the IRS in coming months as the agency struggles to work down a backlog of returns from last year, according to a watchdog report.

At the end of 2020, the Internal Revenue Service still had 11.7 million paper-filed individual and business returns that needed to be processed, the Treasury Inspector General for Tax Administration said in a report made public Wednesday. That backlog means some taxpayers have still not yet received their refunds from last year, and the delays “will continue to have a significant impact” on taxpayers, the report said. Read more HERE.