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Search Tags: J. Russell George
Faced with declining resources, the Internal Revenue Service has diverted resources from elsewhere inside the agency to try and head off skyrocketing cases of identity theft stemming from tax refunds.
Tags: IRS , Congress , House , House Oversight and Government Reform Commitee , TIGTA , GAO , National Taxpayer Advocate , Gerry Connolly , Nina Olson , Beth Tucker , James White , technology , cybersecurity , Jared Serbu
The $14 million owed to the U.S. treasury comes from money withheld from federal employees' paychecks that was never turned over to the IRS, according to a new audit from the Treasury Inspector General For Tax Administration. The audit also reviewed whether the IRS made recommended changes following a similar audit five years ago.
The Internal Revenue Service has been looking the other way instead of rooting out fraud when people apply for taxpayer identification numbers, Treasury Department investigators said Wednesday, exposing a shortfall with both financial and national security implications.