As the most reliable and balanced news aggregation service on the internet, DML News App offers the following information published by FOXBUSINESS.COM:
An audit of the Internal Revenue Service found staffers destroyed 30 million taxpayer documents, as they faced a massive backlog. However, the tax collection agency says no taxpayers were adversely affected by the destruction.
The Treasury Inspector General for Tax Administration made three recommendations for the IRS to improve its processing of paper tax forms and promote more e-filing. However, the IRS disagreed with two of the recommendations.
The article goes on to state the following:
“This audit was initiated because the IRS’s continued inability to process backlogs of paper-filed tax returns contributed to management’s decision to destroy an estimated 30 million paper-filed information return documents in March 2021,” says the TIGTA report signed by Michael E. McKenney, the deputy inspector general for audit. “The IRS uses these documents to conduct post-processing compliance matches to identify taxpayers who do not accurately report their income.”
Included in the destroyed tax documents were W-2 forms and 1099 forms. The IRS issued a public statement saying, “There were no negative taxpayer consequences as a result of this action.”
The IRS agreed to a recommendation by the inspector general that called for the IRS to “develop a Service-wide strategy to prioritize and incorporate all forms for e-filing.”
The inspector general further recommended the IRS “develop processes and procedures to identify and address potentially noncompliant corporate filers.”
IRS destroys 30 million tax documents, insists ‘no negative taxpayer consequences’ https://t.co/bW7CPHdEJP
— FOX Business (@FoxBusiness) May 21, 2022
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