IRS Slammed Over Spending $50 Million For Conferences

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Mani
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Internal Revenue Service spent about $50 million to hold at least 220 conferences for employees between 2010 and 2012, according to a report by the Treasury Department. The chairman of the House Committee, Rep. Darrell Issa, R-Calif also released excerpts of congressional investigators’ interviews held with IRS employees in Cincinnati. The chairman also indicated that the interviews highlighted the IRS employees were directed by Washington to subject tea party and other conservative groups seeking tax-exempt status to tough scrutiny. However the excerpts provided no direct evidence that Washington had ordered such a screening. The report by the Treasury Department is scheduled…

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports