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TIGTA: IRS Cannot

The Treasury Inspector General for Tax Administration today released Designated Payment Codes Are Inaccurate and Ineffective (2012-30-026): The IRS established Designated Payment Codes (DPC) to identify IRS enforcement actions or other events that result in taxpayers submitting subsequent payments on their balance due accounts. However, the IRS is not consistently...
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TIGTA: IRS

Business & Finance / Taxes : TaxProf Blog (4 weeks ago)

The Treasury Inspector General for Tax Administration today released The Internal Revenue Service Was Not in Compliance With All Requirements of the Improper Payments Elimination and Recovery Act for Fiscal Year 2012 (2013-40-024): ... Read Post

TIGTA: IRS 21%-26% Error Rate Results in $14-$17 Billion/Year in Erroneous EITC Payments

Business & Finance / Taxes : TaxProf Blog (last year)

The Treasury Inspector General for Tax Administration yesterday released The IRS Is Not in Compliance With All Improper Payments Elimination and Recovery Act Requirements (2012-40-028): The IRS estimates that 21 to 26 percent of EIT... Read Post

TIGTA: IRS Fails to Match Tax Payments to Taxpayer

Business & Finance / Taxes : TaxProf Blog (2 years ago)

The Treasury Inspector General for Tax Administration yesterday released Taxpayer Payments Were Improperly Transferred to the Excess Collection File (2011-30-020): Taxpayer payments that cannot be applied to the proper taxpayer acco... Read Post


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