The Internal Revenue Service last year paid $16.3m in false tax refunds and
economic stimulus payments totaling $1.2m.
The $17.5m (£11.8m) has been highlighted in a report by the Treasury
department’s inspector general for tax administration (TIGTA), according to
The report assessed the effectiveness of the IRS’s prevention of fraudulent
refunds and economic stimulus payments.
J Russell George, inspector general of TIGTA, said: ‘Although the amount of
erroneously identified stimulus payments is small in relation to the total
amount issued, TIGTA remains concerned that the existing controls pose a risk
that false refunds and stimulus payments will be erroneously issued in the
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said