IRS giving refunds to identity theives

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Beaver
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IRS giving refunds to identity theives

Postby Beaver » Thu Aug 02, 2012 9:03 pm

What a shame. Would be nice to get those billions back.

http://news.yahoo.com/irs-missing-billi ... 07999.html
IRS missing billions in ID theft

"The Internal Revenue Service may have delivered more than $5 billion in refund checks to identity thieves who filed fraudulent tax returns for 2011, Treasury Department investigators said Thursday. They estimate another $21 billion could make its way to ID thieves' pockets over the next five years.

The IRS is detecting far fewer fraudulent tax refund claims than actually occur, according to a government audit that warned the widespread problem could undermine public trust in the U.S. tax system. Although the IRS detected about 940,000 fraudulent returns for last year claiming $6.5 billion in refunds, there were potentially another 1.5 million undetected cases of thieves seeking refunds after assuming the identity of a dead person, child or someone else who normally wouldn't file a tax return."

Mad Howler
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Re: IRS giving refunds to identity theives

Postby Mad Howler » Thu Aug 02, 2012 9:56 pm

Beaver wrote:What a shame. Would be nice to get those billions back.

http://news.yahoo.com/irs-missing-billi ... 07999.html
IRS missing billions in ID theft
...
problem could undermine public trust in the U.S. tax system.


While I do not find this raid acceptable, this story pushes a narrative that is three or four orders of magnitude off from the really big raid.
http://abcnews.go.com/business/t/blogEntry?id=16841162

It is amazing how such a small group can consistantly turn us back on ourselves then delicately drop back in for more honey.

green union terrace chair
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Re: IRS giving refunds to identity theives

Postby green union terrace chair » Thu Aug 02, 2012 11:38 pm

... the widespread problem could undermine public trust in the U.S. tax system.

Oh no, not that!

rabble
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Re: IRS giving refunds to identity theives

Postby rabble » Fri Aug 03, 2012 3:15 pm

Beaver wrote:What a shame. Would be nice to get those billions back.

Get it back why? So we could give it to the rightful owners? How is this different from all the other identity and credit card theft out there?

jonnygothispen
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Re: IRS giving refunds to identity theives

Postby jonnygothispen » Fri Aug 03, 2012 3:56 pm

Billions for free from US taxpayers... Everyone thinks they're a CEO these days.

Cornbread
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Re: IRS giving refunds to identity theives

Postby Cornbread » Fri Aug 03, 2012 8:56 pm

Maybe they are like all the people the new democrats talk about, the people too poor or too black to have IDs? :lol:

Dust Mite Rodeo
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Re: IRS giving refunds to identity theives

Postby Dust Mite Rodeo » Fri Aug 03, 2012 9:33 pm

Did the IRS give refunds to Romney? Oh wait. He didn't pay any taxes.

maj0224
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Re: IRS giving refunds to identity theives

Postby maj0224 » Tue Aug 07, 2012 2:27 am

Beaver wrote:What a shame. Would be nice to get those billions back.

http://news.yahoo.com/irs-missing-billi ... 07999.html
IRS missing billions in ID theft

"The Internal Revenue Service may have delivered more than $5 billion in refund checks to identity thieves who filed fraudulent tax returns for 2011, Treasury Department investigators said Thursday. They estimate another $21 billion could make its way to ID thieves' pockets over the next five years.

The IRS is detecting far fewer fraudulent tax refund claims than actually occur, according to a government audit that warned the widespread problem could undermine public trust in the U.S. tax system. Although the IRS detected about 940,000 fraudulent returns for last year claiming $6.5 billion in refunds, there were potentially another 1.5 million undetected cases of thieves seeking refunds after assuming the identity of a dead person, child or someone else who normally wouldn't file a tax return."


If something goes wrong at the Internal Revenue Service, most people aren’t exactly full of sympathy. However, they might be more apt to have some, once they realize that since the IRS is funded by the taxpayers, people who con the IRS are getting their fraudulent refunds paid for by everyone else.


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