In a recent report to Congress, the Government Accountability Office (GOA) stated that the IRS needs to improve the implementation and enforcement of the tax provisions contained in the American Reinvestment and Recovery Act of 2009. According to the GOA, the IRS should be authorized to publish more information on Build America Bonds and should be granted broader authority to correct tax-return errors during Build America Bonds processing.
Posted by Jenny Robertson, Associate Editor, Wealth Strategies Journal.

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