The Treasury Inspector General of Tax Administration (TIGTA) publicly released its audit of the IRS External Leads Program today. Under the External Leads Program, the IRS receives leads about questionable tax refunds identified by a variety of partner organizations that include financial institutions, brokerage firms, government and law enforcement agencies, tax preparation entities, and others. TIGTA found that the program had grown from 10 partner financial institutions returning $233 million in calendar year 2010 to 258 partner financial institutions and partner organizations returning more than $576 million in calendar year 2013. TIGTA also recommended some changes to the verification process for leads.
The report can be accessed here.