Tax Tip of the Week | No. 249 | Is This A Great Country or Not!

Tax Tip of the Week | May 7, 2014 | No. 249 | Is This A Great Country or Not!IRS awards bonuses to employees who didn't pay taxes

The IRS awarded bonuses to almost 3,000 employees who had been recently disciplined – some for not paying their own taxes.More than 1,100 IRS employees with substantiated Federal tax compliance problems received more than $1 million in cash awards, more than 10,000 hours in time-off awards, and 69 quality step increases within a year after the IRS substantiated their tax compliance problem (in other words----they didn’t file tax returns).Other misconduct included misuse of government travel cards, violation of official-conduct standards and fraud, according to the report by the Treasury Inspector General for Tax Administration (TIGTA).“Rewarding employees who have violated official conduct or had tax compliance issues is just another example of mismanagement at the IRS,” said U.S. Congressman Pat Tiberi, R-Ohio. Tiberi chairs the House Ways and Means Subcommittee on Select Revenues, which plays a role in IRS oversight. “For those people and groups that faced extra scrutiny by IRS officials because of their beliefs, this must add insult to injury. I will continue to work with Chairman Dave Camp and the rest of the Ways and Means Committee as we continue to root out the source of the problems at the IRS.”For fiscal 2012, the IRS gave bonuses to about two-thirds of its 98,000 employees. Officials told TIGTA that the IRS generally doesn't consider conduct issues when administering bonuses.You can contact us in Dayton at 937-436-3133 and in Xenia at 937-372-3504.  Or visit our website.
Rick Prewitt - the guy behind TTW

...until next week.

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Tax Tip of the Week | No. 250 | Tax Penalties and Audits Don't Correlate with Income Levels

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Tax Tip of the Week | No. 248 | Businesses To Benefit From New BWC Changes