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Selective enforcement of penalities by the IRS
The IRS is coming under fire for selective enforcement of penalties.
When taxes are not paid on time a person goes to jail or pays a fine.
But a Government watchdog found if you complain loud enough, the IRS might forgive you.
According to inspector General J. Russell George, taxpayers doing business with Foreign Companies are routinely not fined.
The Washington Times sized up the IG's report and found that it adds up to a lot of lost money.
"They think that means the IRS is missing out on about 31 million dollars in revenue a year."
The IRS agreed with the IG that it must do a better job. So, what will it do to change its practices?
To read about that go to our website, and follow the link to the Washington Times.