EITC payments

Tax

Report: IRS Made Up to $15.6 Billion in Faulty EITC Payments in 2013

The Treasury Inspector General for Tax Administration found that 22 to 26 percent of all EITC payments were issued improperly by the IRS last year, costing taxpayers between $13.3 billion to $15.6 billion.
Tax

IRS Increases Pressure to Fix Faulty EITC Claims

The IRS intends to crack down on inaccurate claims for earned income tax credits (EITCs) claimed on 2013 returns. And this time it means business.
Tax

TIGTA Report: The IRS Must Do More to Reduce Improper Payments

The IRS has made no significant improvement in reducing improper Earned Income Tax Credit (EITC) payments, according to a report publicly released October 22, 2013, by the Treasury Inspector General for Tax Administration (TIGTA).

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