Internal Revenue Service Oversight
Internal Revenue Service Commissioner John Koskinen and two other IRS officials testified at an oversight hearing of the agency. Topics incl… read more
Internal Revenue Service Commissioner John Koskinen and two other IRS officials testified at an oversight hearing of the agency. Topics included the IRS fiscal year 2015 budget and the 2013 targeting scandal that led to the resignation of senior IRS leaders and triggered several investigations. Mr. Koskinen said the agency was expecting to receive about 100,000 comments on the rules that had been proposed as a result which would affect certain non-profit groups applying for tax-exempt status and the regulations would probably not be finalized before the 2014 elections. Ms. Olson and Mr. George then testified about IRS operations and budget constraints. They said that operations such as identify theft investigations had been suspended due to the work load and that the implementation of the Affordable Care Act would be an additional strain. close
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