What steps are being taken to improve the IRS's ability to process tax returns?
Sanctions Against Russia "At The Ready"
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Business, Social Studies
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University
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Hard
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The transcript covers potential sanctions against Russia, emphasizing coordination with European and Asian allies. It discusses the challenges faced by the IRS during tax filing season due to underfunding and the pandemic, and outlines plans for IRS modernization. The economic outlook for 2022 is positive, with a focus on expanding the labor market and addressing supply chain issues.
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3 questions
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OPEN ENDED QUESTION
3 mins • 1 pt
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the significance of the proposed $80 billion infusion for the IRS?
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3.
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3 mins • 1 pt
How does the U.S. Treasury plan to address potential economic impacts from interest rate changes?
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