Industry Assists IRS With Challenging Tax Return Volume Processing This Week
WASHINGTON, Feb. 16, 2011 /PRNewswire-USNewswire/ -- CERCA, the association for the electronic filing of tax returns, issued a statement yesterday, February 15, 2011, to remind taxpayers that although the IRS this week began to process millions of returns that were delayed by late tax legislation passed in December, and by associated IRS systems reprogramming, there will be some continued delays in return and refund processing.
Due to the high volume of backlogged IRS returns beginning to be processed this week, the agency is limiting the number of returns it will accept daily to manage their systems capacity and to ensure successful filings of all returns.
In support of this, the IRS requested that private sector transmitters of e-filed returns to stagger submission of returns over the course of this week. As a result, taxpayers may experience delays in their return processing and in the time it takes to receive their federal tax refund. As it has since the slow start of this tax season since the beginning of the year, industry is continuing to work closely with the IRS to process all tax returns as quickly as IRS systems will allow.