 internal revenue service IRS tax news IRS continues work to help taxpayers suspends mailing of additional letters but first an attempt at a joke I apologize in advance the new spin the latest pivot regarding the over 30 trillion dollar United States debt is apparently debt is part of the new national defense plan President Biden explaining down to us pions the United States owes so much money on purpose as part of an integrated and well-thought-out national defense plan you see we totally intentionally and tactfully got into massive amounts of debt so that when someone tries to rob us they go in the bankruptcy reporters responding hey wait a second isn't that just an old your mama so poor joke President Biden replying no it's a well-thought-out and incredibly sophisticated national defense plan you you just don't understand anyways and President Biden's latest meeting with China his party words were America will forever be in your debt when reporters asked President Biden about the younger generation's worries that their father's generation is leaving them an unsustainable debt he responded I don't know what they're complaining about most young whipper snappers these days are always telling their fathers to just leave them alone reporters responded that creditors did not think the United States understands the seriousness of the debt problem President Biden responds oh come on man it's no big deal they really just need to give us a little bit more credit I are 2022-31 February 9th 2022 Washington as part of ongoing efforts to provide additional help for people during this period the IRS announced today the suspension of more than a dozen additional letters including the mailing of automated collection notices normally issued when a taxpayer owes additional tax and the IRS has no record of a taxpayer filing a tax return so it sounds to me like the iris is really backed up on work at this point in time it's currently tax season so they're trying to prioritize and shift their attention to the new flood of returns that are going into place they're more overloaded than normal due to of course the pandemic and the response to the pandemic much of which are law changes related to the IRS and then the IRS has to deal with them for example the things like the stimulus payments things like changes to this to the child tax credit and the changes to the earned income tax credit and many many others that are taking a system that usually changes fairly slowly to a system that has put a lot of pressure on it and on top of that then the covert restrictions in terms of work restrictions and the distancing social distancing and all that have really been put hard on the federal level because they've been trying to set an example so that means that all the federal workers kind of got hit maybe harder with these kind of restrictions than others which of course is going to cause a backup so now there's a backup and we're currently in tax season it sounds like to me and so they're trying to deal with that so these millions include balance due notices and unfiled tax return notices the IRS entered this filing season with seven million original and amended returns filed by individuals and businesses that have not been processed due to challenges of the historic pandemic and is taking this step to help avoid confusion for taxpayers and tax professionals quote IRS employees are committed to doing everything possible with our limited resources to help people during this period in quote said IRS Commissioner Chuck Redick quote we are working hard long hours pushing creative paths forward in an effort to be part of a solution rather than the problem. Our employees continue to expend every effort to balance a confluence of multiple unprecedented demands including successfully starting the filing season working our inventory of unprocessed tax returns as well as looking for additional ways to minimize burden for taxpayers tax professionals and businesses quote our efforts are not limited to suspension of these additional letters and the possibility of similar actions going forward we have redeployed and reallocated resources throughout the IRS and have implemented innovative strategies in an ongoing effort to provide a meaningful reduction in our inventories in quote Redick said these automatic notices have been temporarily stopped until the backlog is worked through the IRS will continue assessing the inventory of prior year returns to determine the appropriate time to resume the notices some taxpayers and tax professionals may still receive these notices during the next few weeks. Generally there is no need to call or respond to the notice as the IRS continues to process prior year tax returns as quickly as possible however if a taxpayer or tax professional believes a notice is accurate they should act to rectify the situation for the well-being of the tax payer for example the IRS cautions people with a balanced due that interest and penalties can continue to accrue in addition IRS employees may in select circumstances issue notices to particular taxpayers to resolve specific balance issues so that's great they're going to be picking taxpayers to resolve the issues I don't I always feel kind of suspicious when they're when it's like not a uniform law and they're how are you picking tax you know who gets to be picked is it a random pick in any case the IRS does not have the authority to stop all notices as many are are legally required to be issued within a certain time frame the IRS will continue to assess other changes and system modifications that the IRS may be able to implement to assist taxpayers on an array of issues the IRS will continue to make information available to taxpayers throughout the filing season the IRS urges those who have a filing requirement and have yet to file a prior year tax return or to pay any tax due to properly do so as interest and penalties will continue to accrue visit IRS dot gov for payment options there's a link to that here the suspended notices include individual taxpayer notices and you've got the notices below that are going to be suspended the notice led to the CP 80 the unfiled tax return CP 59 CP 759 in Spanish unfiled tax returns first notice unfiled tax return then the second notice and the final notice return delinquency the balance due first notice balance due second notice final balance due notice third balance intent to levy withholding compliance letters it's amazing amazing to me that they are they are doing this because this is they're stopping the collection letters that's that's kind of strange indicates business notices so now we got the business letters I won't read the numbers just the titles return delinquency IRS since this notice when there is no record of a prior year return being filed final notice return delinquency this is a final reminder notice that we still have no records of a prior year tax return so there's links to those notices here if you want more information on that links to some other stuff there'll be a link to this in the description