IRS data error likely affected millions of Education Department forms

IRS data error likely affected millions of Education Department forms

As agencies enter a new White House-directed era of data sharing, an IRS watchdog is highlighting a cautionary tale involving the transfer of inaccurate tax information that may have impacted millions of federal student aid form requests. The Treasury Inspector General for Tax Administration (TIGTA) detailed in a report this week how the IRS delivered incorrect federal tax information to the Department of Education in its role overseeing the Fre…

Five Million IRS Refunds Delayed by Staff Cuts - CPA Trendlines

Still, better than 21 million in pandemic 2022. By CPA Trendlines Research Go PRO for members-only access to more CPA Trendlines Research.