Hundreds of thousands of prisoners are filing phony tax refund claims and the IRS is not doing enough to quash the problem, according to a watchdog report.
The Treasury Inspector General for Tax Administration (TIGTA) said in its report Tuesday that refund fraud associated with prisoner Social Security numbers is a “significant problem” for the tax agency that is only getting worse over time.
According to the report, more than 137,000 phony tax returns were filed in 2012 using a prisoner’s Social Security number to the tune of $1 billion. While many of the fake refunds were flagged and prevented by the agency, the IRS issued $70 million in bogus refunds.
This was a significant increase from 2007, when more than 37,000 fake tax returns were filed for amounts equaling $166 million.
“Tax refund fraud associated with prisoners remains a ...
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1 comment:
Hey, now, be nice. The IRS can only do just so many things at a time, and quashing conservative tax-exempt operations, and targeting conservatives personally, takes a lot of time and effort. They aren't there, any more, to collect taxes. They are a weaponized political tool anyway. Can't you just let them revel in their communist methods? Sheesh, next you'll expect the CIA to target enemies, not citizens... or the FBI to target real problem folk, not veterans with issues from their service. Perhaps you might even expect EBT cards to only go to people who aren't using drugs, as with housing. What do you expect from this government, anyway! They are doing exactly what they said they would. And what the framers said they would if the republic fell to pure democracy.
Bleh.
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