Archive for IRS Errors In Processing Tax Returns
TREASURY INSPECTOR GENERAL FOR TAX ADMINISTRATION
Billions of Dollars of Potentially Erroneous Carryforward Claims Are Still Not Being Addressed August 28, 2019 CFEG reports that on August 28, 2019 the Treasury Inspector General For Tax Administration (TIGTA) released a report on billions of dollars of potentially erroneous carryforward claims not being addressed by the IRS….
The Electric-Vehicle Subsidy Racket The $7,500 tax credit is going to many buyers who don’t qualify.
A Chevrolet Volt hybrid car charging at a ChargePoint station in Los Angeles, Oct. 17, 2018. PHOTO: RICHARD VOGEL/ASSOCIATED PRESS Federal subsidies for electric vehicles are an income transfer to the affluent, and now comes news that significant numbers don’t qualify. The Treasury Inspector General for Tax Administration (Tigta) in…
IRS Failure To Address Annual Alimony Reporting Discrepancies Could Result In Over $1 Billion in Unreported Tax Over 5 Years
CFEG researches and reports on waste and mismanagement within the federal government with the goal of educating the public, the Congress and preventing and eliminating it through legislative and program initiatives. In this article CFEG reports on findings set out in a report from the Treasury Inspector General for…
