IRS botches vetting on $46 million in refunds
Monday, January 4th, 2016 @ 5:07PM
IRS botches vetting on $46 million in refunds
By Sylvan Lane – 12/21/15 03:02 PM EST
The IRS doled out $46 million in improperly vetted tax refunds during the 2013 tax year, according to a report released Monday.
Government inspectors blamed a programming error and incomplete reviews for the release of millions of dollars through potentially fraudulent claims.
The Treasury Inspector General for Tax Administration (TIGTA) identified $27 million in refunds issued after a programming error overrode two-week processing delays the IRS places on potentially fraudulent claims. Inspectors said another $19 million in refunds did not appear to be properly vetted by IRS agents.
Posted by cfegov
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