IRS Officials, Congress Agree That Agency Needs Better Anti-Fraud Measures

IRS Officials, Congress Agree That Agency Needs Better Anti Fraud Measures

(Adam Fagen)

Congress was understandably alarmed at the news that cyberbaddies, believed to be criminals based in Russia, were able to gain access to previous years’ return data for 104,000 U.S. taxpayers. The Senate Finance Committee held a hearing today, where the Inspector General of the IRS explained that the agency simply isn’t keeping up with the criminals who want its data.

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Lufthansa redirects commercial strategy

Lufthansa redirects commercial strategy
The airlines of the Lufthansa GroupLufthansa, Austrian Airlines, Brussels Airlines and Swiss – will increase their profitability by redirecting their commercial strategy. Within this year the Lufthansa Group expects to generate an adjusted EBIT (earnings before interest and taxes) of more than EUR 1.5 billion before costs (strike-related action). This new commercial strategy is to ensure that, in future, a greater portion of the revenue will be earned from flight operations; the actual area of service to the customer.

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