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Up to $304B Lost to Tax Fraud, No IRS Antifraud Strategy
- The Government Accountability Office estimated that tax fraud costs the federal government between $116 billion and $304 billion annually.
- Auditors found that the Internal Revenue Service lacks an agency-wide antifraud strategy and a designated office to coordinate fraud-risk management.
- The Internal Revenue Service partially agreed with the Government Accountability Office’s recommendations, noting that its Chief Tax Compliance Officer coordinates fraud initiatives and that it may consider an agency-wide strategy.
- Internal Revenue Service Chief Executive Officer Frank Bisignano disputed the characterization of the agency’s antifraud work as fragmented, saying responsibilities are distributed across organizations by design.
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13 Articles
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Coverage Details
Total News Sources13
Leaning Left1Leaning Right5Center6Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
C 50%
R 42%
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Factuality
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