Taxpayer Advocate Scolds IRS
3 minutes read
In the wake of the newly imposed regulations governing paid tax preparers, Nina E. Olson of the office of The National Taxpayer Advocate–an IRS watchdog–issued a report faulting the IRS on collecting delinquent taxes. She called it “…an astonishing lack of transparency as to what is included in these revenue figures and how they are computed,”. After the IRS reported $118 Billion in collected delinquent taxes, the figure turned out to be more like $86 Billion. This 27% difference was...