What’s happening?
Should IRS employees or those who have left the agency be permitted to take covert, private payments?
Secret government manifestation pill đ?
That is the specific accusation that is being made today.
What has never made sense to me, do you know?
The IRS reporting process is illogical.
Protect Your Records
By working with a qualified CPA or accountant, you may simplify your financial complexity.
You must either comprehend the complex Tax Code or spend a fortune to have someone else interpret it for you based on your particular circumstances.
Calculate the amount of taxes you owe the (corrupt) government, then send the IRS all the required paperwork.
Making the proper decision the first time will help you avoid mistakes’ negative effects. If not, be ready for an examination and critique.
WATCH: Church Leaders PRAYED you’d never see this…
This system is completely broken!
I apologize for the coarse language, but there is no other way to communicate what I’m trying to say.
utterly screwed up
Such severe brain injury
Such a large loss in production
So many things are really absurdâŠ
For what purpose?
So you’re free to take my money and send it to Ukraine, then?
Are you serious?
And now, on top of all that, news that 500 IRS officers or more have been receiving money from the private sector has surfaced today.
Say that again.
Look at this:
And:
From Newsmax:
Large accounting firms and corporations have paid almost 500 Internal Revenue Service agents before, during, or after federal employment, the agencyâs internal watchdog found.
The Hill reported Tuesday that an analysis released by the Treasury Inspector General for Tax Administration found 496 receiving incomes from private accounting firms and corporations âeither prior to joining, during their time at, or after leaving the IRS.â
According to the report, the IRS employees involved came from the chief counselâs office, the appeals office, and the agencyâs large business and international division. They included 255 paid by big corporations and 241 by large accounting firms.
Sen. Elizabeth Warren, D-Mass., and Rep. Pramila Jayapal, D-Wash., requested the agency to investigate the ârevolving doorâ between the IRS and private businesses in the accounting industry.
âAs Acting Treasury Inspector General and Treasury Inspector General for Tax Administration, you each already have the statutory power and responsibility to investigate allegations of misconduct with respect to the administration of programs at the Treasury Department and the IRS, including through access to any relevant records and subpoena power,â they told the watchdog. âThe questions raised by giant accounting firmsâ use of the revolving door to benefit their clients falls squarely within your missions to âpromote economy, efficiency, and effectivenessâ and âprevent and detect fraud and abuseâ in the programs and operations of the Treasury Department and IRS.â
Here’s more from The Hill:
Those IRS employees were from the IRSâs chief counselâs office, the appeals office, and the large business and international division, which is now in the spotlight as the IRS gears up with new funding to collect more in taxes from wealthy people and big companies.
Of the 496 IRS employees the TIGTA has its eye on, 241 got paid by a large accounting firm and 255 by a large corporation.
The report follows a request by Sen. Elizabeth Warren (D-Mass.) and Rep. Pramila Jayapal (D-Wash.) to look into the ârevolving doorâ between the IRS and the accounting industry.
âAs Acting Treasury Inspector General and Treasury Inspector General for Tax Administration, you each already have the statutory power and responsibility to investigate allegations of misconduct with respect to the administration of programs at the Treasury Department and the IRS, including through access to any relevant records and subpoena power,â the members of Congress told the TIGTA.
âThe questions raised by giant accounting firmsâ use of the revolving door to benefit their clients falls squarely within your missions to âpromote economy, efficiency and effectivenessâ and âprevent and detect fraud and abuseâ in the programs and operations of the Treasury Department and IRS,â they said.
But the metaphor of the ârevolving door,â which is used to describe the common practice of technically proficient and well-connected government workers switching to private industry and vice versa, may not provide an accurate image of whatâs actually going on at the agency.
Recent reporting by The New York Times has revealed a strategic process of embedding private-sector rule writers within the Treasury to produce government policy that is friendly to big business.
This can result in a long-studied phenomenon known as âregulatory capture,â whereby industries effectively become their own regulators by getting too chummy with the government.
âTheir tax lawyers take senior jobs at the Treasury Department, where they write policies that are frequently favorable to their former corporate clients, often with the expectation that they will soon return to their old employers. The firms welcome them back with loftier titles and higher pay,â the Times reported in 2021.
The TIGTA made clear in its Tuesday report itâs aware of this kind of behavior.
âProcesses are in place to identify and address potential conflicts of interest in large corporate tax administration,â the agency said.
Do you understand what’s going on?
