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More Arrests – And A Guilty Plea – In IRS Phone Scams

J. Russell George, Treasury Inspector General for Tax Administration (TIGTA), and the Department of Justice (DOJ) have announced more arrests - and a guilty plea - in connection with Internal Revenue Service (IRS) phone scams.

Treasury: most structuring money grabs are of otherwise lawful funds

2 months agoIndustries / Law : Overlawyered

The Treasury Inspector General for Tax Administration has released a new report on federal seizures of funds for the offense of unlawful bank “structuring” — the purposeful keeping of deposits or withdrawals below $10,000, a threshold that triggers reporting by the bank. Show More Summary

TIGTA:91% Of Taxpayers Whose Bank Accounts Were Seized By The IRS Had Acquired The Cash Legally

The Treasury Inspector General for Tax Administration yesterday released Criminal Investigation Enforced Structuring Laws Primarily Against Legal Source Funds and Compromised the Rights of Some Indiviuals and Businesses: The Currency and Foreign Transactions Reporting Act of 1970, referred to as the Bank Secrecy Act, requires U.S. financial institutions to file...

The IRS Scandal, Day 1256: The IRS Spent $12 Million For Microsoft Cloud-Based Email Archive That Was Incompatible With Its On-Premises Email System And Never Used

Treasury Inspector General for Tax Administration, Review of the Enterprise E-Mail System Acquisition (2016-20-080): The IRS currently maintains an on-premises e?mail environment that does not have archive capability. The existing system...Show More Summary

What Happens When the IRS Tax Data Repository Contains Unverified Data?

Recently, the Treasury Inspector General for Tax Administration (TIGTA) released a report with the tongue-twisting title, “The Integrated Production Model Increases Data Access Efficiency; However, Access Controls and Data Validation...Show More Summary

TIGTA:IRS May Have Allowed 60% Of Former Employees (Including Those Subject To Disciplinary Proceedings) Access To Buildings, Computers

The Treasury Inspector General for Tax Administration has released Access to Government Facilities and Computers Is Not Always Removed When Employees Separate (2016-10-038): During Fiscal Year 2014, more than 4,100 full-time, permanent employees separated from the IRS, including 186 who separated during a pending disciplinary case (including criminal misconduct). It...

New Scam Warning: Taxpayers Still Being Asked To Pay Taxes In Gift Cards

The Treasury Inspector General for Tax Administration (TIGTA) has announced that it has received additional information that callers impersonating Internal Revenue Service (IRS) or Treasury Department employees are demanding payments not only on iTunes Gift Cards but on other gift cards as well.

IRS Did Not Identify, Assist All Potentially Affected Taxpayers After ‘Get Transcript’ Access

A Treasury Inspector General for Tax Administration (TIGTA) audit was conducted after the Internal Revenue Service (IRS) reported that identity thieves had illegally accessed tax information tied taxpayer accounts. TIGTA found that the IRS did not identify and assist all potentially affected taxpayers about the access or attempted access.

IRS Warns Taxpayers About New Scam Involving Bogus ‘Federal Student Tax

Just days after the Treasury Inspector General for Tax Administration (TIGTA) announced the arrests of five individuals made in what has been characterized as an “ongoing investigation” into the scams, the Internal Revenue Service (IRS) issued a warning about a new scam making the rounds. Show More Summary

TIGTA:IRS Mischaracterizes 88% Of Hobbies As For-Profit Businesses, Allowing Billions In Improper Loss Deductions

The Treasury Inspector General for Tax Administration has released Opportunities Exist to Identify and Examine Individual Taxpayers Who Deduct Potential Hobby Losses to Offset Other Income (2016-30-031): The Treasury Inspector General for Tax Administration (TIGTA) today publicly released its audit report of the Internal Revenue Service’s (IRS) methods of addressing...

TIGTA Pushes IRS To Crack Down On Hobby Loss Deductions

The Treasury Inspector General For Tax Administration (TIGTA) does not think the IRS has been aggressive enough in pursuing hobby loss cases. Section 183 "Activities not engaged in for profit" denies deductions in excess of gross income in the case of activities where there is no profit motive. Between some [...]

Taxpayers Across The Country Reporting Uptick In IRS & Tax-Related Scams

Even as the Internal Revenue Service (IRS) and U.S. Treasury Inspector General for Tax Administration (TIGTA) have continued to warn taxpayers about IRS impersonation scams, fraudsters are still making the rounds, attempting to steal money and financial information from taxpayers.

Watch Out, Hobbyist Tax Cheats. The IRS On To You

This week, the Treasury Inspector General for Tax Administration (TIGTA) released its audit report of the IRS's methods of addressing taxpayers who take business tax deductions for activities not engaged in for profit (i.e. hobbies). TIGTA found that the IRS can do a better job of identifying high-income taxpayers who [...]

You Can’t Pay Your Taxes With iTunes Gift Cards & Other Sage Advice

Another IRS Impersonation Scam is making the rounds, according to the US Treasury Inspector General for Tax Administration (TIGTA). You won't believe what TIGTA claims the scammers are asking for...

IRS Costs for Conferences Exceeded Estimates

From the Free Beacon: The Internal Revenue Service hosted events that exceeded cost estimates and often failed to meet requirements for their approval, according to a report from the Treasury Inspector General for Tax Administration. The report reviewed documentation for 650 events held by the IRS in fiscal years 2013 and 2014 and found that […]

The IRS Scandal, Day 973

Philip T. Hackney (LSU), Should the IRS Never 'Target' Taxpayers? An Examination of the IRS Tea Party Affair, 49 Val. U. L. Rev. 453 (2015): In 2013, the Treasury Inspector General for Tax Administration faulted the Internal Revenue Service for the appearance of impartiality because it used names and policy...

TIGTA: IRS Should Shift Definition Of Rich From $200k to $600k For Audits

The Treasury Inspector General for Tax Administration has released Improvements Are Needed in Resource Allocation and Management Controls for Audits of High-Income Taxpayers (2015-30-078): Given the IRS’s goal of providing higher audit coverage to high-income taxpayers and its reduced operating budget, it is that much more important that the IRS...

Will Taxpayers Sleep Well When They Read This Report?

At the end of last month, the Office of the Treasury Inspector General for Tax Administration issued a report on its audit of the IRS project to upgrade its server, desktop, and laptop systems from Windows XP and Windows Server 2003 to Windows 7 and Windows Server 2008 or 2012. Show More Summary

IRS Improperly Withheld Info from Taxpayers 12.3% of the Time

Yet, no punishment for IRS workers, of course: The Internal Revenue Service improperly withheld information requested by taxpayers 12.3 percent of the time, according to a new government audit. The Treasury Inspector General for Tax Administration (TITGA) reviewed the IRS’ compliance with the Freedom of Information Act (FOIA) and discovered that disclosure specialists at the […]

TIGTA: IRS Improperly Withheld Information From Taxpayer FOIA Requests 12.3% Of The Time

The Treasury Inspector General for Tax Administration has released Fiscal Year 2015 Statutory Review of Compliance With the Freedom of Information Act (2015-30-084): TIGTA is required to conduct periodic audits to determine whether the IRS properly denied written requests for taxpayer information pursuant to FOIA § 552(b)(7) and I.R.C. §...

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