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Taxation & Estate Planning

: TaxProf Blog

TIGTA: The IRS Continues to Pay $12 Billion/Year in Phony EITC Claims -- A 25% Error Rate

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The Treasury Inspector General for Tax Administration yesterday released Reduction Targets and Strategies Have Not Been Established to Reduce the Billions of Dollars in Improper Earned Income Tax Credit Payments Each Year (2011-40-023): The GAO has listed the Earned Income Tax Credit (EITC) Program as having the second highest dollar...

Full post as published by TaxProf Blog on February 10, 2011 (boomark / email).

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