BYD Transforms Battery Production Line with ForwardX Robotics
BYD Company Limited, a renowned innovator in electric vehicles and sustainable technology, has announced a transformative …
November 2, 2022: The IRS said it had passed a milestone of hiring 4,000 new customer service workers as the agency prepares for the 2023 tax filing season.
Hired over the past several months, these workers have been trained to assist taxpayers, including phone support, which has struggled with high call volumes during the pandemic.
“The IRS is fully committed to providing the best service possible. We are moving quickly to use the new funding to help taxpayers during the busy tax season,” said IRS Commissioner Chuck Rettig.
“As the newly hired employees are training and move online in 2023, we will have more assistors on the phone than any time in the history,” Rettig said.
The IRS plans to hire another 1,000 customer service workers by the end of the year. According to the agency, almost all training will be complete by Presidents Day 2023, when the highest call volumes typically occur.
However, phone wait times remain high in the meantime, and the IRS encourages taxpayers to visit IRS.gov for answers to questions. “IRS employees look forward to providing better service shortly,” Rettig added.
Enacted in August, the Inflation Reduction Act allocated nearly $80 billion to the agency over the next ten years, with funds earmarked for enforcement, operations, taxpayer services, technology, a direct free e-file system development, and more.
According to the IRS, as of October 14, 2022, the agency had 5.1 million unprocessed individual tax returns received in 2022, including late-filed returns from previous years,
Rettig, in March, told the House Ways and Means Committee that he expects the backlog will “absolutely” resolve before December.
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AspenTech, a Massachusetts-based company, plays a pivotal role in the oil and gas industry by leveraging cutting-edge technologies, including AI (artificial intelligence). Let’s delve into how AspenTech contributes to this dynamic sector
It’s no secret that oil and gas is a boom-and-bust industry. Production is currently up, projected to increase to 13.7 million barrels daily in 2024. But this won’t last forever. Whether production is up or down, the key to maximizing production, optimizing efficiency, and taking advantage of increased profits is innovation, digital transformation,and automation.For stakeholders looking to deliver safer, more efficient, and cheaper energy, innovation and automation must be a top priority. Those who fall behind in the race to innovate, ultimately, run the risk of losing market share.
Talking to Thomas Hundertmark, a senior partner in McKinsey’s Houston office, Darren Woods is chairman and CEO of ExxonMobil made some crucial points and also gave some insights on what the conglomerate was doing in order to save the climate.
Today oil and gas producers face severe regulatory and public relations obstacles due to the concern with greenhouse gases and resource depletion. Calgary-based start-up, Advanced Upstream (“AU”), has been disrupting the oil and gas industry with simple and reliable innovative technologies. AU’s products help the oil and gas producers to enhance energy production while reducing the corresponding environmental impact. By decreasing personnel and time on site, and lowering overall HSE risks across the board, the clients can see a notable improvement in their ESG rating, contributing to their bottom line.