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Treasury I.G. for Tax Administration: 'Casualty & Theft Loss Deductions Continue to Be Erroneously Processed Without Valid FEMA Number'
July 22, 2021

WASHINGTON, July 22 -- The Treasury Inspector General for Tax Administration issued the following audit report (No. 2021-40-045) on July 14, 2021, entitled "Casualty and Theft Loss Deductions Continue to Be Erroneously Processed Without a Valid Federal Emergency Management Agency Number":

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HIGHLIGHTS:

Why TIGTA Did This Audit

This audit was initiated to follow up on previous TIGTA recommendations . . .

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