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Tag Archives: audits

Agencies with repeat audit problems face cuts

Legislators hope to put more teeth into repeat audit findings of problems in state agencies. The Maryland General Assembly’s Joint Audit Committee agreed Tuesday to recommend that House and Senate budget committees and subcommittees consider cuts to administrative funding for ...

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FTC finalizes privacy settlement with Facebook

NEW YORK — The federal government has finalized its settlement with Facebook to resolve charges that the social network exposed details about users’ lives without getting the required legal consent. Facebook Inc. didn’t admit wrongdoing, but agreed to submit to ...

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Repeat audit offenders would lose state money under proposed bill

ANNAPOLIS — Legislation that would strip state agencies of a portion of their budget should they have repeat audit findings would add teeth to such legislative audits, the bill’s sponsor said Tuesday. If passed, the state could realize significant savings ...

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IRS audits jump by 11 percent; wealthiest targeted

WASHINGTON — The Internal Revenue Service is making it a bit riskier to cheat on your taxes. The tax agency increased the number of returns it audited by nearly 11 percent this year, statistics released Wednesday show. Wealthy taxpayers and ...

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