TIGTA: IRS should check previous returns of underpaying tax payers

09/5/2013 | Hill, The

The Internal Revenue Service could be allowing as much as $69.4 million remain uncollected by not following up on additional returns by underpaying taxpayers, according to a report by the Treasury Inspector General for Tax Administration. The study looked at a sample of audits in which taxpayers had understated their tax bill. It then looked at returns filed in other years by those taxpayers, and found similar problems, and that the IRS failed to follow up on most of them.

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Hill, The

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