audit

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Occupy Richmond Defends Tea Party in Tax Row

They suspect the move was 'retaliation' for criticism of mayor

(Newser) - Who says Tea Partiers and Occupiers can’t get along? Occupy Richmond has issued a statement defending the Richmond Tea Party, which the city recently said was behind on its taxes. “Given the duplicitous and violent manner in which the city government chose to raid our peaceful occupation, it...

GOP Bill Gives IRS New Job: Policing Abortion Payments

Victims of rape or incest would need documentation proving it

(Newser) - If the GOP’s "No Taxpayer Funding for Abortion Act" becomes law, it could force the IRS to ask prying questions about abortion in any tax audit it conducts, an executive from the nonpartisan Joint Tax Committee told Congress this week. Under the bill, women who received any kind...

EU Should Go After Goldman, Since US Won't
 EU Should Go After 
 Goldman, Since US Won't 


Greek Crisis
Feb 15, 2010 11:25 AM CST

EU Should Go After Goldman, Since US Won't

Firm helped Greece hide staggering debt, leading to near collapse

(Newser) - With the revelation that Goldman Sachs was peddling exotic instruments to help Greece hide its runaway debts as recently as November, something must be done, Simon Johnson writes. US authorities clearly aren't going to raise a finger—a few phone calls around Washington will ensure that the Fed looks the...

Ron Paul Poised to Finally Pass Fed Audits

For first time in nine tries, amendment goes to House floor

(Newser) - For Ron Paul, it's got to be sweet. The financial regulatory reform bill that opened for debate in the House today contains Paul's amendment to subject the Fed to congressional audit—his ninth try in 11 years in office to get a Fed-curbing proposal into play. Until now, none of...

France Bloomin' Mad Over Brukozy's Daily $1K Fleur Tab

(Newser) - French First Lady Carla Bruni-Sarkozy just loves her fleurs and she's often photographed arranging blooms in the Elysée Palace. Problem is, the flowers are costing French taxpayers $1,100 a day, and they want the spending nipped in the bud. The blooming bills were revealed in the first state...

Blackwater Bilked US Out of $55M for Iraq Security: Audit

Company didn't provide enough workers

(Newser) - The US overpaid Blackwater by $55 million for its security work in Iraq, a government audit has found. The company, since renamed Xe, didn't employ enough guards, medics, and other personnel to protect high-level officials but still collected full payment from the State Department, the Wall Street Journal reports. "...

FBI Neglected Terror Watch List: Audit

Suspects may have traveled into US while off the list

(Newser) - The FBI is slow to update the national terror suspect watch list, and the lapses pose real risks to US security, according to a Justice Department audit. Twelve terror suspects who were either not listed or were slow to be added may have traveled into or out of the US,...

What If I Don't Feel Like Filing?
 What If I Don't Feel Like Filing? 
ANALYSIS
Apr 15, 2009 2:08 PM CDT

What If I Don't Feel Like Filing?

Christopher Beam explores the potential evader's options

(Newser) - With millions of Americans enduring long lines at the post office today to file their tax returns, Christopher Beam of Slate can’t help wonder: What would happen if you simply didn’t file? The answer is probably not much—7 million Americans declined to file last year, and only...

Too-Speedy Bailout Spending May Squander Billions

Auditors understaffed for behemoth task, leaving field open to shifty contractors

(Newser) - If new federal bailout funds are spent too quickly, billions could be wasted because the government administrative staff may be too overburdened to provide adequate oversight, warn budget experts. Billions of dollars in government money were squandered by private contractors who overcharged the Bush administration, according to a government report....

Obama's Haul Spurs Concern About Faceless Donors

But it paves way for new standard in political fundraising system

(Newser) - The huge success of Barack Obama’s Internet fundraising campaign has sparked concerns about the regulation of campaign finance. Some worry that the faceless system allows for easy abuse, particularly in light of donations from anonymous or clearly fake names such as "Osama bin Laden," the Washington Post...

Audit Shows Billions Unaccounted for in Iraq

Almost $8.2B in Iraq War funding evaded federal rules, reports the Pentagon

(Newser) - A Pentagon audit of $8.2 billion in taxpayer money spent in Iraq found that nearly all of the handouts skirted federal rules, and millions of dollars in contracts were awarded with little or no record of what they were for, reports the New York Times. Take the $320.8...

IRS Employees Charged With Sneaking Into Records

Internal audit nabs five in Calif. office; ties to snooped-on taxpayers uncertain

(Newser) - Five employees at a California branch of the Internal Revenue Service have been charged with illegally inspecting citizens’ tax information, ComputerWorld reports. Exactly whom the workers were snooping on was not disclosed, but there were up to 13 victims, all in 2006. Court dates on misdemeanor charges are pending for...

Audits Rip Fed Oversight of Security Firms, Costs

Lax controls, slopping accounting

(Newser) - A State Department internal review of its own security practices in Iraq is sharply critical of the lack of oversight of private contractors Blackwater, DynCorp International and Triple Canopy. A second report due today says officials can't say what the government got for $1.2B paid to DynCorp since 2004,...

Stories 21 - 33 | << Prev