In light of the hullabaloo surrounding the budget cut imposed by Congress on the IRS, the recently-released report by the Treasury Inspector General for Tax Administration (TIGTA) has become much more enlightening. In case you are not aware, the TIGTA report has surfaced several areas where the IRS has allowed money to be ‘leaked out’ in its operations. If these leaks can be plugged, it would go some ways towards reducing the impact of the budget cuts.
Here are some suggested ways the IRS can plug the leaks...
Please see full article below for more information.
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Administrative Law Updates, Finance & Banking Updates, Tax Law Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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