IRS insists destruction of taxpayer data won’t affect payers
alfexe | iStock | Getty ImagesFilers won't be affected by the IRS decision to destroy data for millions of taxpayers, the agency said in a statement Thursday.The IRS tossed an estimated 30 million so-called paper-filed information returns in March 2021, according to an audit by the Treasury Inspector General for Tax Administration.The news has sparked anger in the tax community, many of whom worry about the agency's ability to verify returns, triggering more error notices especially with limited ways to reach the IRS.More…