Sunday, October 2, 2022

Fed contracts, grants went to awardees owing nearly $1B in delinquent taxes: Treasury watchdog

 Golden Horseshoe

  • In a 14-month period, the federal government awarded 2.1 million contracts and grants worth over $30 billion to nearly 4,000 awardees which owed a combined $891 million in delinquent taxes.
  • 45% of the delinquent grantees were state, local and tribal agencies, and colleges and universities.

The IRS was allocated $30 million by Congress to create an application called the Federal Contractor Tax Check System (FCTCS).

  • Awardees are currently required to self-certify that they are not delinquent in taxes on the government site System for Award Management.
  • But a sample of contractors found that 93% inaccurately self certified their taxes.

The IRS is prohibited from disclosing taxpayer information for non-tax administration purposes

  • This includes other Federal agencies contracting activities and grant awards

https://justthenews.com/accountability/watchdogs/sunfed-contracts-grants-went-awardees-owing-nearly-1b-delinquent-taxes

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