Posted on 06/25/2015 8:56:37 AM PDT by Fay
(CNSNews.com) - The Internal Revenue Service is prohibited by law from doing business with companies that owe back taxes or have felony convictions, but it doesn't always work out that way.
A report prepared in March and released Wednesday by the Treasury Inspector General for Tax Administration (TIGTA) says the IRS awarded $18.8 million in contracts to 17 corporations with federal tax debt in Fiscal Years 2012 and 2013.
The investigation also found that one IRS contractor with a felony conviction received three contracts.
Beginning in FY 2012, federal law barred the IRS from using appropriated funds to hire contractors that have tax debt and/or felony convictions.
But following its investigation, "TIGTA found that the IRS did not have effective controls in place to prevent the award of contracts to corporations with certain federal tax debt and/or felony convictions."
TIGTA identified 17 corporations that were awarded a total of 57 contracts valued at about $18.8 million during FYs 2012 and 2013, while the corporations had federal tax debt.
Twenty-five of the 57 contracts were new awards with a total value of almost $900,000. Thirty-two of the 57 contracts were modifications to existing contracts with a total value of approximately $18 million.
In addition, TIGTA found that the IRS did not follow a Treasury Department requirement to insert specific language in solicitations requiring corporations to state whether or not they have federal tax debt and/or felony convictions.
(Excerpt) Read more at cnsnews.com ...
“Prohibited by law”
SNORT!
There’s no such thing.
Is this any surprise in this communists corrupt America.
And how many of these corporations are either personal friends of of large donors to O’Assface
“You’re pirates. Hang the code, and hang the rules. They’re more like guidelines anyway.”
(Pirate of the Caribbean)
For cripes sake. Give them the contract. Let the government get the benefit of it. Withhold what is owed as a money owed paymnt offset. Its such a simple concept for tbe world’s toughest collection agency.
Yeah and the IRS is not supposed to be targeting certain political groups either... SNORT....
[ For cripes sake. Give them the contract. Let the government get the benefit of it. Withhold what is owed as a money owed paymnt offset. Its such a simple concept for tbe world’s toughest collection agency. ]
Logic escapes an Organization that never had it in the first place...
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