Government Employees and Retirees Owe Billions in Back Taxes
May 13, 2008
We mentioned a few days ago that your stimulus check could be less than you expect if you have unpaid alimony, child support, or back taxes. According to the Washington Post today, 449,531 federal employees and retirees may see a smaller stimulus check due to $3.58 billion in unpaid back taxes. Over 100,000 current federal employees (out of 171,549 who are delinquent) have yet to enter into installment agreements to pay what they owe.
Government-wide, 3.79% of federal employees are deliquent on their taxes. The study of federal employee tax deliquency, performed annually by the IRS, breaks it down by agency as well. The highest deliquency rate is in the Government Printing Office (7.23%), the Federal Labor Relations Authority (6.67%), the Smithsonian Institute (5.46%), and the Merit Systems Protection Board (5%). Other listed areas of government include employees of the House of Representatives (4.03%), the Senate (3.16%), the Office of the President (2.21%), and of course, the IRS (0.89%).
See the whole article here.