WASHINGTON (April 7, 2025)- CNN reported that “Tax return filings drop by nearly 1 million and extension requests rise as deadline nears.” American taxpayers have until April 15 to file their state and federal taxes, however as the IRS fields staff downsizing and current US market volatility, taxpayers field possible concerns on revenue collection.
For more context on the matter, please consider William (Bill) Stromsem, Teaching Assistant Professor of Accountancy at the George Washington University School of Business. Stromsem is an expert in individual and business taxes, tax legislation and policy, and IRS tax administration. Stromsem previously served as the director of taxes for the American Institute of CPAs and currently serves on the board of Community Tax Aid, the largest low-income tax return preparation clinic in the D.C. area.
If you would like to speak with Professor William Stromsem, please contact Media Relations Specialist Shannon Mitchell at [email protected].
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