IRS Business Backlog Count Hit Nearly 8 Million at End of 2020

Covid-related closures of IRS tax processing centers last year resulted in a backlog of nearly 8 million unprocessed business tax returns and other types of business tax account work, according to a new watchdog report.

The Treasury Inspector General for Tax Administration released findings Tuesday showing that, as of Dec. 31, 2020, the agency had more than 7.9 million paper-filed business returns that still needed to be processed, a dramatic increase from the 239,285 paper-filed business returns that were in process as of Dec. 31 the year prior. The findings come as the agency proceeded with ...