Audit: IRS Allowing Billions In Improper Tax Payments

“The IRS has failed to clamp down on improper refundable tax credit payments, according to a new federal audit…. Due to a 2009 executive order, the IRS is supposed to have targets for rolling back those improper payments. But the agency has yet to do so, and the Treasury inspector general says in its audit that the IRS needs to rethink its methods for cutting down on waste in EITC payments.”