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The Earned Income Tax Credit Still Faces High Error Rate

The Treasury Inspector General for Tax Administration released a report on Earned Income Tax Credit Compliance. According to the report, the credit still faces a higher error rate. “The IRS’s Fiscal Year 2013 EITC improper payment report...Show More Summary

TIGTA: IRS Made $14.5 Billion in Erroneous of EITC Payments in 2013, a 24% Error Rate

The Treasury Inspector General for Tax Administration has released The Internal Revenue Service Is Working Toward Compliance With Executive Order 13520 Reporting Requirements (2015-40-009): Although the IRS has reported an overall decline in the Earned Income Tax Credit (EITC) improper payment rate since Fiscal Year 2003, the amount of payments...

The IRS Scandal, Day 613

CNN, IRS Scandal Fast Facts: Here’s some background information about the Internal Revenue Service (IRS) scandal involving the targeting of certain groups. In May 2013, the Treasury Inspector General for Tax Administration released a report indicating the targeting involved delaying the processing of applications by certain conservative groups and requesting...

Treasury Report: Improper Payments Remain a Problem in EITC, Child Credit

The Treasury Inspector General for Tax Administration (TIGTA) this week released yet another report on the issue of improper payments in refundable tax credits. Improper payments are any sort of payment made by the IRS in error – whether from an honest mistake or from deliberate fraud by the tax filer. Show More Summary

TIGTA: IRS Has 25-30% Error Rate In Refundable Child Tax Credits, Mistakenly Pays $6-7 Billion

The Treasury Inspector General for Tax Administration yesterday released Existing Compliance Processes Will Not Reduce the Billions of Dollars in Improper Earned Income Tax Credit and Additional Child Tax Credit Payments (2014-40-093): The Earned Income Tax Credit (EITC) and Additional Child Tax Credit (ACTC) are refundable credits designed to help...

IRS holding millions of dollars in frozen taxpayer accounts

The 2015 filing season is less than two months away (we hope!), but the Internal Revenue Service still is holding on to taxpayer cash from previous years. A lot of cash. A Treasury Inspector General for Tax Administration (TIGTA) report...Show More Summary

IRS' positive public perception picking up a bit

The Internal Revenue Service's problems are far from over. The Treasury Inspector General for Tax Administration (TIGTA) is poring over some recently recovered emails to/from Lois Lerner that could (or could not) shed light on the agency's bungled 501(c)(4) nonprofit application review process. Show More Summary

Frightening: IRS turned over thousands of confidential taxpayer documents to White House

The scandal of the IRS targeting conservatives continues to balloon. Cause of Action, an advocate for government responsibility investigating the abuse, has been informed by the Treasury Inspector General for Tax

IRS Gave White House Thousands of Confidential Taxpayer Documents, Lawsuit Says

A legal advocacy firm has filed a lawsuit against the U.S. Treasury Department's inspector general, saying that the IRS gave thousands of confidential tax documents to the White House for review.

TIGTA: IRS Still Has Not Taken Necessary Steps to Prevent Billion Dollar Prisoner Tax Fraud

The Treasury Inspector General for Tax Administration today released Prisoner Tax Refund Fraud: Delays Continue in Completing Agreements to Share Information With Prisons, and Reports to Congress Are Not Timely or Complete (2014-40-091): Refund fraud associated with prisoner Social Security Numbers remains a significant problem for tax administration. The number...

TIGTA: 50% of IRS Employees With Outside Jobs Do Not Obtain Required Approval

The Treasury Inspector General for Tax Administration has released Controls Over Outside Employment Are Not Sufficient to Prevent or Detect Conflicts of Interest (2014-10-073): Generally, IRS employees are allowed to engage in outside employment or business activities after obtaining written approval. Effective controls over outside employment can reduce the risk...

Thousands Of Lost Lois Lerner Emails Found

An IRS watchdog has recovered approximately 30,000 Lois Lerner emails believed to have been lost. The Treasury Inspector General for Tax Administration told congressional staffers Friday the emails belonging to the most controversial figure in the IRS controversy were located on disaster recovery tapes. The IRS told Congress in late spring that it had lost [...]

IRS Finds 30,000 Lerner Emails Thought Missing

Up to 30,000 missing emails sent by former Internal Revenue Service official Lois Lerner have been recovered by the IRS inspector general, five months after they were deemed lost forever. The U.S. Treasury Inspector General for Tax Administration...Show More Summary

IRS inspector general finds up to 30,000 of Lois Lerner’s e-mails

Many of Lois Lerner’s missing e-mails may no longer be missing. The Treasury Inspector General for Tax Administration told several congressional committees on Friday that it has recovered as many as 30,000 of the ex-Internal RevenueShow More Summary

Hatch’s Excuse to Repeal the Medical Device Excise Tax

I recently noted a report by Jane G. Gravelle and Sean Lowry of the Congressional Research Service: A July 2014 report issued by the Treasury Inspector General for Tax Administration (TIGTA) found that the number of medical device excise...Show More Summary

TIGTA: Inadequate Inventory Controls Over Mobile Devices Cost IRS Millions

The Treasury Inspector General for Tax Administration yesterday released Wireless Telecommunication Device Inventory Control Weaknesses Resulted in Inaccurate Inventory Records and Unsupported Service Fees (2014-10-075): In Fiscal Year...Show More Summary

TIGTA: IRS Does Not Adequately Research 80% of Collections Cases

The Treasury Inspector General for Tax Administration yesterday released Delinquent Taxes May Not Be Collected Because Required Research Was Not Always Completed Prior to Closing Some Cases As Currently Not Collectible (2014-30-052): If an IRS employee is unable to contact or unable to locate (UTC/UTL) a delinquent taxpayer, the collection...

Expect Increased Assessment and Collection of Trust Fund Recovery Penalties

Enforcement of The Trust Fund Recovery Penalty (TFRP) is a source of potential government revenue that, according to the Treasury Inspector General for Tax Administration (TIGTA), needs to be revamped to become more efficient. UnderShow More Summary

The Obamacare Medical Device Tax is Not Working as Planned

The Treasury Inspector General for Tax Administration released a report this week on significant challenges with enforcing the Affordable Care Act’s Medical Device Tax. The medical device tax is a 2.3 percent excise tax on the sale price of qualifying medical devices. Show More Summary

TIGTA: ObamaCare Medical Device Tax Is Raising 25% Less Revenue Than Expected, Rife With Errors

The Treasury Inspector General for Tax Administration today released The Affordable Care Act: An Improved Strategy Is Needed to Ensure Accurate Reporting and Payment of the Medical Device Excise Tax (2014-43-043): The Affordable Care Act includes a tax provision that provides for an excise tax equal to 2.3 percent of...

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