Thursday May 19, 2022 – The IRS is accused of wasting billions of dollars in taxpayer money and failing to protect taxpayer data. Can this be true?
A recent report by the Government Accountability Office (GAO) reported 1,694 investigations into the willful unauthorized access of tax data by IRS employee at the same time lawmakers in a Congressional Hearing accused the IRS of billions in misspent funds, huge processing backlogs, and complaints over poor customer service.
The IRS budget is over $14BILLION dollars this year (plus any supplemental funding). No matter the issue, taxpayers are told these problems should be expected given that the IRS is drastically underfunded and understaffed. A mantra repeated so often, it must be true.
Attorney Steven A. Leahy reports on these matters, and more, on Today’s Tax Talk.
Steven A. Leahy is a tax attorney in Illinois. He was the host of the long-running popular Radio Show “The IRS Radio Hour” heard every Sunday evening on AM 560 The Answer. Attorney Leahy is also the author of the book “Deal With Your IRS Problems Today!” You can get a FREE copy of this important book at FreeIRSBook.com. Or Call 24/7 (312)664-6649