Friday, August 03, 2012

Your IRS at Work

Treasury audit says IRS missed more than $5 billion in ID theft-related tax fraud last year - The Washington Post: In one example, investigators found a single address in Lansing, Mich., that was used to file 2,137 separate tax returns. The IRS issued more than $3.3 million in refunds to that address. Three addresses in Florida, the epicenter of the identity theft crisis, filed more than 500 returns totaling more than $1 million in refunds for each address.

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