About Me

My photo
This site is the inspiration of a former reporter/photographer for one of New England's largest daily newspapers and for various magazines. The intent is to direct readers to interesting political articles, and we urge you to visit the source sites. Any comments may be noted on site or directed to KarisChaf at gmail.

Monday, November 11, 2013

IRS lost $4 BILLION to identity thieves in 2012 as it targeted the tea party -- By Katie McHugh, The Daily Caller

IRS lost $4 BILLION to identity thieves in 2012 as it targeted the tea partyThe Internal Revenue Service sent $4 billion to identity thieves filing fraudulent tax returns in 2012, at the same time it was devoting resources to invasive politically targeted audits of not-for-profit groups, according to a recent report released by Treasury Inspector General J. Russell George.

The IRS, which is now overseeing Obamacare’s complicated implementation and collecting its tax penalties, sent 343 tax refunds to a single address in Shanghai, and another 655 tax refunds one in Lithuania, according to CBS News.

A statement detailing a similar report filed by the Treasury Inspector General for Tax Administration found 1.1 million fraudulent tax returns were filed with clearly fabricated Social Security numbers that IRS could have detected, costing taxpayers $3.6 billion in 2011.

 (Click link below to read more)
READ MORE Sphere: Related Content

No comments:

Post a Comment