IRS Execs Owe Taxes On Travel Expenses, Watchdog Says

Law360, New York (February 18, 2014, 1:53 PM EST) -- Some Internal Revenue Service executives have classified their travel expenses as nontaxable despite being told that they need to pay taxes on them, according to a government watchdog report released Tuesday.

The report, conducted by the Treasury inspector general for tax administration, found that the IRS properly educated its employees about the rules surrounding the taxation of executive travel expenses. However, some of its leaders still did not report their expenses as taxable.

“The Chief Financial Officer should modify and document procedures for conducting periodic reviews...
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