Featured eBooks
From Nextgov.com: IRS pays millions in interest for delays in processing high-dollar refunds
Inspector general finds the agency has been slow in following recommendations that could reduce the $63 million in interest paid on refunds that exceed $10 million each.
The Internal Revenue Service failed to review large taxpayers refunds that were automatically frozen by the agency's computer system, resulting in nearly $63 million in additional interest the government had to pay, according to a report released by the Treasury inspector general for tax administration on Thursday.
NEXT STORY: Bad Fences