IRS missing billions in ID theft

AP/pioneer press ^ | 8-2-12 | josh lederman

[TurboZamboni]

WASHINGTON—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.

[TurboZamboni]

just wait till they handle your healthcare!

[JohnD9207]

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

____________________________________________________

No way really? Understatement of the month right behind Ostupids “you didn’t build that” and the Private sector “is doing fine”. 2 out of 3 isn’t to bad for King Kommie.

[unixfox]

One more reason to bulldoze every effing IRS building.

[Oldexpat]

So the IRS is giving out money for fraudulent returns. They are giving out money to illegals claiming kids in Mexico and that don’t exist. They are giving out money refunds to Medicaire providers who owe back taxes. But..you and I are held to a high standard of accuracy and terror of making a small mistake. Boy are we suckers. Now they want us to trust them with more responsibilities.

[Oldexpat]

So the IRS is giving out money for fraudulent returns. They are giving out money to illegals claiming kids in Mexico and that don’t exist. They are giving out money refunds to Medicaire providers who owe back taxes. But..you and I are held to a high standard of accuracy and terror of making a small mistake. Boy are we suckers. Now they want us to trust them with more responsibilities.

[entropy12]

Adopt 9-9-9 and dump the IRS bureaucracy.

[Spok]

And just wait ‘till the bureaucrats get their hands on healthcare!! You ain’t seen nothin’ yet!

[One Name]

Hear, hear.

But wait, I have a better idea! Let’s put these same clowns in charge of health care for everyone.

Time to deconstruct Washington.

[FlingWingFlyer]

I’m having a hard time deciding who I want to make my healthcare decisions for me. Barry’s IRS (ObamaCare) or the Post Office. Maybe the MVD.

[TurboZamboni]

Instead we get a mix of 666 and the Marx Bros.

[Dan Zachary]

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

Just imagine the horror if this happened. /sarc

[funfan]

I don't know how all this fraud goes undetected before they give the money out. They actually denied a deduction many years ago for my daughter because I had written her SS# number wrong so they sent me a letter and I had to resubmit it. How come all these other people are stealing money but I had a digit wrong and they caught mine?

[tennmountainman]

Wait a couple of days. It will end up in zeros campaign fund.

[SaraJohnson]

Illegal immigration’s idenity theft, crime and scams is a wonderful thing for America!

[onedoug]

I got mine!

[NoExpectations]

"How come all these other people are stealing money but I had a digit wrong and they caught mine?"

These fraudulent returns are some form of money laundering. Remember the house in Louisiana with hundreds of companies getting Acorn funds?

[Ex-Democrat Dean]

Don’t forget the IRS that managed to overlook the millions and millions that Romney made while no returns were filed at all, and even worse, he has filed at least the last 2 years, and nothing has been done about the missing decade!

[bcsco]

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[TurboZamboni]

New Lifelock ad on Rush in 3...2...1

[TheOldLady]

"... could undermine public trust in the U.S. tax system."

Huh? What "public trust" in the tax system???