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Shows & Panels
Search Tags: IRS
After a month of negotiations, the leaders of the House and Senate Appropriations Committees unveiled a massive $1.1 trillion spending bill this week funding the government for the remainder of fiscal 2014. From federal pay and benefits to a further decline in the Internal Revenue Service's budget, read about three key takeaways of the bill.
In an annual report to Congress, the National Taxpayer Advocate, Nina Olson, wrote that the IRS faces "unstable and chronic underfunding that puts at risk the IRS's ability to meet its current responsibilities, much less articulate and achieve the necessary transformation to an effective, modern tax agency."
Increased oversight and tighter controls have led to a nearly 90 percent drop in conference spending since 2010 at four agencies. The reductions could amount to $500 million in annual savings across the government.
Todd Grams, the chief of staff of the Internal Revenue Service, announced Friday he's retiring after 34 years of federal service, according to a note to staff obtained by Federal News Radio. Grams was named IRS chief of staff in June at the request of Acting Commissioner Danny Werfel in the wake of a leadership shakeup following revelations the agency had improperly targeted conservative groups for extra scrutiny.
The Internal Revenue Service has been doing business with nearly 1,200 vendors that owe back taxes, including one unnamed contractor that owed a whopping $525 million, a new inspector general's report says.
John Koskinen, President Barack Obama's pick to lead the embattled Internal Revenue Service, pledged to restore public trust in the agency following the recent uproar over revelations of purported political bias by IRS employees. Speaking before the Senate Finance Committee Tuesday morning, Koskinen also said he'd work to turn around the declining employee morale.
Peggy Sherry will become the deputy commissioner for operations support at the IRS as of Nov. 4. She is the fourth executive to come to the IRS since the service's scandal broke earlier this summer.