Search Results : Treasury Inspector General for Tax


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IRS awards more than $1 million in bonuses to tax collector tax cheats

By M.D. Kittle | Watchdog.org The Internal Revenue Service handed out a combined $2.8 million in monetary awards to more than 2,800 agency employees recently disciplined for conduct issues. The Treasury Inspector General for Tax Administration, or TIGTA, also found more than 1,100 of the disciplined employees were given cash incentives or time off even...

WTF Headline Of The Day: Tax-Cheating IRS Staff Got Bonuses

If you read this without saying "umm, what?" read it again... USA Today notes that a report by the Treasury Inspector General for Tax Administration shows the IRS handed out $2.8 million in bonuses to employees with disciplinary issues - including more than $1 million to employees who didn't pay their federal taxes. Show More Summary

None Dare Call It "Targeting"

Except that's precisely what everyone - from the Treasury Dept IG to the IRS Commissioner - have been calling it. Except, of course, when they want you to think otherwise: The May 2013 report by Treasury Inspector General for Tax Administration...Show More Summary

What to Do if You Get a Call from the IRS Asking for Money

Be wary if you get a call from a person purporting to be an IRS agent asking for payment of taxes. The Treasury Inspector General for Tax Administration (TIGTA) warns that we are currently experiencing the "largest ever" telephone scam involving fraudster impersonating IRS agents and extorting money out of innocent taxpayers.... Read Full Post

TIGTA: The IRS Does Not Follow the Law in 48% of Taxpayer Bankruptcy Cases

The Treasury Inspector General for Tax Administration has released Bankruptcy Procedures Designed to Protect Taxpayer Rights and the Government’s Interest Were Not Always Followed (2014-40-013): Impact on Taxpayers The bankruptcy automatic stay provision prohibits the IRS from taking certain collection actions against a debtor (taxpayer) as soon as it learns,...

TIGTA: 39% of IRS Employee Long-Term Travel May Not Comply With Tax Rules

The Treasury Inspector General for Tax Administration today released Internal Revenue Service’s Executive Long-Term Taxable Travel (2014-IE-016): Per the Internal Revenue Code [§ 162(a)(2)] and the Revenue Ruling 93-86, an employee who performs a temporary duty travel assignment exceeding one year at a single or principal location is subject to...

TIGTA: IRS Vendors Ower $589 Million in Back Taxes, Yet IRS Refuses to do Annual Tax Check of All Contractors

The Treasury Inspector General for Tax Administration yesterday released Vendors Had Millions of Dollars of Federal Tax Debt (2013-10-116): The vast majority of vendors that conduct business with the IRS meet their Federal tax obligations. However, TIGTA found that 1,168 (7%) IRS vendors had a combined $589 million of Federal...

TIGTA: IRS Issues $2.3 Billion in Fraudulent Tax Refunds Based on Phony Employer identification Numbers

The Treasury Inspector General for Tax Administration today released Stolen and Falsely Obtained Employer Identification Num bers Are Used to Report False Income and Withholding (2013-40-120): The IRS issues Employer Identification Numbers (EINs) to identify taxpayers’ business accounts. Individuals attempting to commit tax refund fraud commonly steal or falsely obtain...

Report: Obamacare Premium Subsidies Will Need Fraud Protection

Yesterday the Treasury Inspector General for Tax Administration released a report on the need to strengthen anti-fraud protection in the system that will deliver Obamacare’s premium subsidies. Roughly, the problem is that subsidies are...Show More Summary

TIGTA: IRS Is Seven Years Past Statutory Deadline for Providing Online Account Access to Taxpayers

The Treasury Inspector General for Tax Administration today released While Efforts Are Ongoing to Deploy a Secure Mechanism to Verify Taxpayer Identities, the Public Still Cannot Access Their Tax Account Information Via the Internet (2013-20-127): The Internal Revenue Service Restructuring and Reform Act of 1998 (RRA 98) requires the IRS...

TIGTA: IRS Must Improve Security to Avoid ObamaCare Tax Credit Fraud

The Treasury Inspector General for Tax Administration today released Affordable Care Act: Improvements Are Needed to Strengthen Systems Development Controls for the Premium Tax Credit Project (2013-23-119): In March 2010, the President signed into law the Health Care and Education Reconciliation Act of 2010 and the Patient Protection and Affordable...

IRS Has No 'Fraud Mitigation Strategy' for Obamacare Tax Cheats

The Internal Revenue Service is tasked with calculating tax credits under the Obamacare program but as of yet, does not have a strategy to mitigate tax return fraud on healthcare subsidies. The Inspector General for the Treasury Department...Show More Summary

TIGTA: IRS's IT Security Has Improved From 'Material Weakness' to 'Significant Deficiency'

The Treasury Inspector General for Tax Administration has released Annual Assessment of the Internal Revenue Service Information Technology Program (2013-20-126): Since last year’s assessment report, the IRS has made progress on improving information security. As a result, the Government Accountability Office made a determination to downgrade information security from a...

TIGTA: IRS Fails to Assess Penalties When Taxpayers Erroneously Claim Tax Credits or Tax Refunds

The Treasury Inspector General for Tax Administration today released The Law Which Penalizes Erroneous Refund and Credit Claims Was Not Properly Implemented (2013-40-123): Congress enacted the erroneous claim for refund or credit penalty (referred to as the erroneous refund penalty) to enhance the IRS’s ability to address the growing number...

TIGTA: Tax Returns Prepared Through IRS Volunteer Programs Had 49% Error Rate

The Treasury Inspector General for Tax Administration today released Inconsistent Adherence to Quality Requirements Continues to Affect the Accuracy of Some Tax Returns Prepared at Volunteer Sites (2013-40-110): The Volunteer Program...Show More Summary

Ex-Con Returns IRS Refund Check Mistake—Only $12B More To Collect

The IRS paid out between $12 and $13 billion in bogus tax credits in 2012, $132 billion over the last decade. So says the Treasury Inspector General for Tax Administration. He claims the IRS is violating Executive Order 13520, which President Obama signed to reduce improper payments. Show More Summary

TIGTA: IRS Cannot Account for 23% of its IT Assets

The Treasury Inspector General for Tax Administration today released Weaknesses in Asset Management Controls Leave Information Technology Assets Vulnerable to Loss (2013-20-089): The IRS Information Technology organization controls more...Show More Summary

TIGTA: 51% Error Rate in Correspondence Audits of Taxpayers

The Treasury Inspector General for Tax Administration today released Actions Are Needed to Strengthen the National Quality Review System for Correspondence Audits (2013-30-099): This audit was initiated to determine the accuracy of the results from the National Quality Review System (NQRS) and how management uses the feedback to enhance the...

TIGTA: Hundreds of Employees of IRS Contractors Owe Millions in Taxes

The Treasury Inspector General for Tax Administration today released Contractor Employees Have Millions of Dollars of Federal Tax Debts (2013-10-082): The IRS requires that its own employees file their Federal tax returns on time and pay any Federal tax debt. However, TIGTA identified hundreds of employees working for IRS contractors...

Ripe for Reform: Improper EITC Payments Exceed $11 Billion per Year

According to the latest report from the Treasury Inspector General for Tax Administration (TIGTA), the IRS is still not compliant with Executive Order 13520 to reduce improper earned income tax credit (EITC) payments: The IRS has made...Show More Summary

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