THE HILL
 
comment
Print

GOP lawmaker wants to look at increased IRS authority

By Bernie Becker - 05/26/11 12:06 AM ET

Rep. Charles Boustany (R-La.) told reporters Wednesday that lawmakers should look into giving the IRS broader math-error authority. 

Currently, IRS agents can check returns for arithmetic errors, wrongly entered Social Security numbers and a narrow number of other reasons. 

Government officials said at a House hearing Wednesday said expanding the IRS’s authority could help decrease improper refundable tax-credit payments by giving the agency more ability to act before disbursements are made.  

Boustany — who chairs the House Ways and Means subcommittee for Oversight, which hosted the hearing — said he had discussed broadening math-error authority with Rep. John Lewis (D-Ga.), the panel’s ranking member. 

The Government Accountability Office — whose Michael Brostek was among those calling for increased math authority for the IRS on Wednesday — released a report that same day that said the agency sent out roughly 8.4 million notices last year, for a total of 10.6 million math errors made on 2009 tax returns.


Source:
http://thehill.com/blogs/on-the-money/domestic-taxes/163399-gop-lawmaker-wants-to-look-at-increased-irs-authority
On The Money Twitter - Click to follow
bloglogo

More Briefing Room »

More Congress Blog »

More Pundits Blog »

More Twitter Room »

More Hillicon Valley »

More E2-Wire (Energy) »

More Ballot Box »

More On The Money »

More Healthwatch »

More Floor Action »

More Transportation »

More DEFCON Hill »

More Global Affairs »

Get latest news from The Hill direct to your inbox, RSS reader and mobile devices.