The House Ways and Means Oversight Subcommittee is calling on the Internal Revenue Service, the Treasury Department and the Justice Department to return funds wrongly seized from taxpayers during civil asset forfeitures.

Rep. Peter Roskam, R-Ill., who chairs the subcommittee, and Rep. John Lewis, D-Ga., the ranking Democrat on the subcommittee led all the members in sending a letter Wednesday to top officials, Treasury Secretary Jack Lew, IRS Commissioner John Koskinen, and Attorney General Loretta Lynch. They asked their agencies to review all IRS civil asset forfeiture cases and return money to victims where warranted.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access