Thursday, June 19, 2014

Federal Workers Owe IRS $3.3 Billion


The Internal Revenue Service has released data that shows roughly 3.3% of federal employees and retirees owed $3.3 billion in unpaid taxes of September 30th, 2013. Federal employees and retirees either could not pay the full amount owed with a return, or the Internal Revenue Service conducted an audit and discovered that more is owed than was paid. The data, released after USA Today requested the information under the Freedom of Information Act, broke down delinquency rates by departments and independent agencies. At the low end of the scale was the Treasury Department, which had a 1.2% non-compliance rate. The government departments with the highest non-compliance rates were the Department of Housing and Urban Development (5.29%), the Department of Veterans Affairs (4.28) and the Army (4.28). The article from CNN Money is linked here.

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