Remove Shutdown Remove Tax Refunds Remove Treasury
article thumbnail

IRS Corporate Audits Drop 71 Pct, Individual Audits Fall 65 Pct

PYMNTS

The advocate also said that the IRS’ “near-shutdown” created challenges of taxpayers who were undergoing collection, particularly if they were aiming to take care of their tax debts. Treasury Inspector General for Tax Administration raised questions over the business auditing performance of the agency.

Audit 69
article thumbnail

Coronavirus Update: Factory Workers Sent Home Unpaid In Bangladesh; Banks Vow To Keep Staff Employed

PYMNTS

Bangladesh is sending law enforcement and military to police a shutdown to slow the coronavirus proliferation. The legislator wrote, “The only administrative offset that will be enforced applies to those who have past due child support payments that the states have reported to the Treasury Department.”