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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...

TIGTA: IRS Puts Confidential Taxpayer Information at Risk By Giving It to Contractors Without Performing Required Background Checks

The Treasury Inspector General for Tax Administration today released Some Contractor Personnel Without Background Investigations Had Access to Taxpayer Data and Other Sensitive Information (2014-10-037): IRS policy requires contractor...Show More Summary

TIGTA: Tax Exempt Tax Deadbeats: Nonprofit Groups Owe the IRS Nearly $1 Billion in Payroll Taxes

The Treasury Inspector General for Tax Administration today released Some Tax-Exempt Organizations Have Substantial Delinquent Payroll Taxes (2014-10-012): IRS records indicate that the majority of tax-exempt organizations pay their Federal taxes. However, a small percentage are not paying their taxes. More than 64,200 (3.8%) tax?exempt organizations had nearly $875 million...

Newly-released IRS emails raise additional questions

(Paul Mirengoff) New documents obtained by Judicial Watch demonstrate that the Treasury Inspector General for Tax Administration sought a key May 2010 internal email ordering the targeting of Tea Party groups. Lois Lerner initially acknowledged the existence of the email, but later denied it. Show More Summary

What's the Ideal Job for an Identity Thief? IRS Tax Examiner!

5 months agoNews : Reason

From the records of the United States Treasury Inspector General for Tax Administration: the ale of a gang of identity thieves working out of the Internal Revenue Service's Northern District of Georgia office. They were busted just before the recent tax season. Show More Summary

TIGTA: IRS's 17% Error Rate in Processing Amended Tax Returns Resulting in $2.1 Billion of Erroneous Tax Refunds

The Treasury Inspector General for Tax Administration yesterday released Amended Tax Return Filing and Processing Needs to Be Modernized to Reduce Erroneous Refunds, Processing Costs, and Taxpayer Burden (2014-40-028): The IRS received more than 4 million amended tax returns in Fiscal Year 2012. This audit was initiated because previous TIGTA...

Yesterday's Tax Reports

IRS Advisory Committee on Tax Exempt and Government Entities (ACT), 2014 Report of Recommendations (Juen 11, 2014) (357 pages) Treasury Inspector General for Tax Administration, Semi-annual Report to Congress (Oct. 1, 2013 - Mar. 30, 2014) (95 pages)

Treasury finds $2.3 Billion of Discrepancies in Alimony Deduction

The Treasury Inspector General for Tax Administration released last week a report detailing the discrepancies between alimony deductions taken and alimony income received. 567,887 tax returns recorded an alimony deduction in 2010, with those deductions totaling over $10 billion. Show More Summary

It Seems So Simple, But It’s Tax

The Treasury Inspector General for Tax Administration has released report, Significant Discrepancies Exist Between Alimony Deductions Claimed by Payers and Income Reported by Recipients. I haven’t decided which reaction bothered me the most. Show More Summary

TIGTA: 47% of Alimony Deductions Claimed Don't Match Alimony Income Reported to IRS

The Treasury Inspector General for Tax Administration yesterday Significant Discrepancies Exist Between Alimony Deductions Claimed by Payers and Income Reported by Recipients (2014-40-022): Individuals who pay alimony can deduct the amount paid from income on their tax return to reduce the amount of tax an individual must pay. Conversely, individuals...

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