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Recent Editions
Accountancy Slice
North America
The IRS successfully closed approximately 200,000 amended return cases during the recent tax filing season, which concluded on April 15th. Despite this progress, the agency is still addressing a backlog that peaked during the pandemic, with individuals waiting an average of five months and businesses 13 months for refunds in 2025. Ken Corbin, the IRS chief of taxpayer services, stated: “Our amended return backlog for individuals actually sits in pretty good shape,” highlighting the agency's efforts to manage the situation. To expedite processing, the IRS reassigned employees from human resources and IT departments, with many remaining on duty through the summer. The agency has faced challenges, including losing nearly 25% of its workforce due to incentives from Elon Musk's Department of Government Efficiency.
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