IRS Chief Warns Against Delayed Action on Expired Tax Breaks
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The Internal Revenue Service warned lawmakers of filing-season delays and operational challenges in 2011 if Congress doesn’t act this month on tax breaks that expired at the end of 2009.
The expired tax breaks include deductions for state and local sales taxes, college tuition, local property taxes and out-of-pocket teacher expenses, according to a letter sent today from IRS Commissioner Douglas Shulman to the heads of the tax-writing committees in Congress.