During the reconstruction of the IRS in 1998, Congress created the IRS Oversight Board. The Board’s responsibility is to oversee direction, and supervision of the execution and application of the internal revenue laws. In order to enforce the Internal Revenue Code, the IRS are given powers like the ability to collect information, enforce civil penalties and the ability to withhold taxes automatically from employee paychecks. Following an Eyewitness News investigation, the IRS has began to take actions to reduce fraud and save taxpayers billions. The investigation revealed that tax credits meant for kids in the U.S. were being issued to children in foreign countries. The IRS is now training workers at those centers to verify and approve documents from ITIN applicants directly. ITIN numbers will now expire over time as a safeguard against exploits. The new permanent rules are designed to reduce the widespread fraud exposed in our investigation and prevent the billions of dollars being cheated. The IRS has also taken actions to help South Carolina flood
During the reconstruction of the IRS in 1998, Congress created the IRS Oversight Board. The Board’s responsibility is to oversee direction, and supervision of the execution and application of the internal revenue laws. In order to enforce the Internal Revenue Code, the IRS are given powers like the ability to collect information, enforce civil penalties and the ability to withhold taxes automatically from employee paychecks. Following an Eyewitness News investigation, the IRS has began to take actions to reduce fraud and save taxpayers billions. The investigation revealed that tax credits meant for kids in the U.S. were being issued to children in foreign countries. The IRS is now training workers at those centers to verify and approve documents from ITIN applicants directly. ITIN numbers will now expire over time as a safeguard against exploits. The new permanent rules are designed to reduce the widespread fraud exposed in our investigation and prevent the billions of dollars being cheated. The IRS has also taken actions to help South Carolina flood