Last week, I spoke with a source from the IRS, who gave me some valuable information on the state of the agency’s enormous backlog of tax returns.
He said that at the height of the October filing season for the 2020 extension deadline, the IRS had 17 million paper-filed tax returns left to process. Since then, the IRS has steadily chipped away at that number, working through 11 million returns in five months. Thus, 6 million returns remain unprocessed.
And while that’s enormous progress, it still means a several-month processing delay for paper filers.
We’ve already seen how difficult it’s been for the IRS to handle COVID-19 stimulus payments. With another round of $1,400 direct payments on the way, the situation won’t get any easier in the near future.
The good news? At Boxelder we’ve found a way to expedite the process for paper-filers.
Boxelder Tax Attorneys Can Expedite the Paper-Filing Process for Certain Taxpayers
While the IRS’s processing delay can be advantageous for some taxpayers, others will require a quicker turnaround. Through our contacts within the IRS, we’ve already helped several clients get to the front of the line.
Here’s an example: one of my clients just got hired as a security guard. But during his own security clearance, his IRS debt became a point of contention. His employer demanded that before our client start his new position, he set up an installment agreement with the IRS.
That could have been a real problem because you can’t get an installment agreement until your tax returns are filed and processed. But with Boxelder’s help, our client was able to speed his returns through processing, negotiate an installment agreement, and start his new job.
Need Your Returns Processed Fast? Call Boxelder Today.
If you need your tax returns filed ASAP, give Boxelder a call at 303-317-6111. Our team of tax lawyers, enrolled agents, and accountants will negotiate with the IRS on your behalf.
Tax debt is hard enough to handle without a major IRS backlog to navigate. You don’t have to go through it alone. Schedule a free consultation with our team, and start your comeback story today.