Tax

U.S. tax committees to question IRS chief over audits of ex-FBI officials

by
U.S. tax committees to question IRS chief over audits of ex-FBI officials

WASHINGTON, July 11 (Reuters) – U.S. tax commissioner Charles Rettig will face questions from legislators over how two former FBI officials vilified by former President Donald Trump were targeted for intensive tax audits, lawmakers and the Internal Revenue Service said on Monday. The Senate Finance Committee will hold a closed-door hearing on July 26 into … Read more

IRS fingerprinting delays could lead to taxpayer data exposure

by
IRS fingerprinting delays could lead to taxpayer data exposure

The Internal Revenue Service’s recent policies expedited the hiring of new employees to fill key roles during the pandemic, even when their fingerprinting or employment eligibility verification were delayed, but prolonged delays could increase the risk of exposure of taxpayer data to potential identity theft, according to a new report.  The report, released Monday by … Read more