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[citation needed] An internal report by the agency's Inspector General cited "ineffective management" as the cause and indicated that the IRS "will need to do more so that the public has reasonable assurance that applications are processed without unreasonable delay in a fair and impartial manner in the future."
The report was criticized by Rep. Cummings as "cherry-picked" to support a political narrative. [155] [156] [157] The report did not link the IRS's conduct to coordination with the White House, [158] though Republicans stressed that the investigation is ongoing and will continue in the next Congress. [156]
Tax protesters in the United States advance a number of conspiracy arguments asserting that Congress, the courts and various agencies within the federal government—primarily the Internal Revenue Service (IRS)—are involved in a deception deliberately designed to procure from individuals or entities their wealth or profits in contravention of law.
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Back in 2010, retailer J.C. Penney was struggling, as sales and profits were flatlining. At that time, activist investor Bill Ackman, through his Pershing Square fund, started building an 18% ...
To say this week has been brutal for J.C. Penney shareholders seems a massive understatement. The stock has lost more than 30% since Monday, when I pointed out that the struggling retailer was ...
The program has existed since the 1800s in various forms and is intended to uncover companies and individuals who are underpaying their taxes or otherwise committing tax fraud. To motivate people to notify the IRS of first-hand knowledge of tax-evasion schemes, such as improper tax shelters [4] or transfer pricing abuse, [5] the U.S. Congress ...
An IRS impersonation scam is a class of telecommunications fraud and scam which targets American taxpayers by masquerading as Internal Revenue Service (IRS) collection officers. [1] The scammers operate by placing disturbing official-sounding calls to unsuspecting citizens, threatening them with arrest and frozen assets if thousands of dollars ...