The head of the IRS, overseeing the most sweeping overhaul of the U.S. tax code in three decades, says the average refund in this year's tax-filing season, $2,833, worked out to be close to last year's
WASHINGTON -- The head of the IRS, overseeing the most sweeping overhaul of the U.S. tax code in three decades, says the average refund in this year's tax-filing season, $2,833, worked out to be close to last year's.Internal Revenue Service Commissioner Charles Rettig told Congress Wednesday that an increase is urgently needed in the agency's budget to modernize antiquated computer systems and protect taxpayers' data.
Some of the parents accused of cheating to get their children into prominent schools also allegedly wrote off the bribes on their taxes. Those parents' bribes were said to be disguised as"donations" to the Key Worldwide Foundation. Consultant Rick Singer, who ran the tax-exempt foundation, has pleaded guilty to charges including racketeering conspiracy.
He testified that some 65 million refunds totaling about $191 billion have been issued as of March 22. The average amount of $2,833 is close to last year's $2,864. Rettig said a top priority is modernizing the IRS' technology systems, which date to the Kennedy administration. The agency's six-year plan"will position the IRS to greatly improve and expand the services we provide to taxpayers ... and will also help us in our ongoing efforts to secure our systems and protect taxpayer data."
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Lin-Manuel Miranda's 'Hamilton' inspires Oprah to donate $2 million to Puerto RicoLin-Manuel Miranda's commitment to bring 'Hamilton' to Puerto Rico inspires Oprah to donate $2,000,000 to help with rebuilding efforts and to revitalize cultural programs that have been stymied since Hurricane Maria, Hispanic Federation says.
और पढो »
Oprah Winfrey donates $2 million to Puerto Rico arts and recovery groupsOprah Winfrey is opening her wallet on behalf of Puerto Rico to the tune of $2 million, inspired by the artistic efforts of Lin-Manuel Miranda to help the U.S. territory that is still struggling to recover from the 2017 hurricane season.
और पढो »
Exclusive: Grab targets another $2 billion funding this year: CEOGrab expects to raise another $2 billion from strategic investors this year, the...
और पढो »
Walmart's prepaid savings program has reached $2 billion in transactionsWalmart announced that customers have moved more than $2 billion through Prize Savings, its “virtual vault” prepaid savings program.
और पढो »
Oprah Winfrey donates $2 million to Puerto Rico reliefOprah Winfrey is donating $2 million to help rebuild Puerto Rico and support art...
और पढो »
Oprah donates $2 million to Puerto Rico hurricane recovery effortsOprah is donating $2 million to help Puerto Rico, which is still recovering from Hurricane Maria in 2017
और पढो »
Trump Moves To Protect America From Electromagnetic Pulse AttackAn electromagnetic pulse (EMP) event - either through natural occurrence or deliberate attack - could cripple the U.S. electric grid and bring the economy to a halt. The White House is taking necessary steps to mitigate this threat.
और पढो »
SoftBank-backed Grab targets $2 billion more in funding this year in big business pushEXCLUSIVE: Grab expects to raise another $2 billion from strategic investors this year: CEO by RDchatters anshumandaga
और पढो »
House backs bill barring IRS from offering free tax filing servicesDemocratic leaders put down a last-minute revolt from liberal lawmakers who feared it would enrich private tax preparers.
और पढो »