IRS Admits Refunding Billions On Fake Tax Returns

Your beloved government drone agency – the IRS – has given $11 billion of your tax dollars to criminals over three years. They make the Obamaphone program look like a well run venture. Everything the government touches turns to shit. The government is incompetent, bureaucratic, ignorant, stupid, evil, and a detriment to our lives. Despite the facts which prove how incompetent they are (Iraq War, Afghan War, Amtrak safety, Obamacare, Medicare, Medicaid, SSDI, $200 trillion of unfunded liabilities) more than half the sheep in this country think the government should be given more power over our lives. What a pathetic country of spineless wimps we have become.

Tyler Durden's picture

Just hours after being force to admit that they were hacked (by Russians apparently), an inspector general’s report shows that The IRS has rather remarkably continued to pay refunds on hundreds of thousands of fraudulent tax returns in recent years, and sent dozens of checks to the same addresses, including in Eastern Europe and elsewhere. While some progress has been made, $2.3 billion of real US taxpayer’s money was wrongfully refunded to fake US taxpayers… but with this new cyber-attack, we suspect that number will soar.

 

The report by the Treasury Inspector General for Tax Administration shows the Internal Revenue Service continued to pay refunds on hundreds of thousands of fraudulent tax returns in recent years, and sent dozens of checks to the same addresses, including in Eastern Europe and elsewhere. As The Wall Street Journal reports,

The new IG report says the IRS took steps for the 2013 filing season that resulted in “increased detection and prevention of identity theft tax returns.” But it said the agency continued to be hampered by several factors, including its inability to look at employer income data during the early weeks of the annual filing season.

 

The IG found that the IRS missed almost 800,000 potentially fraudulent tax returns.

 

In response, the IRS said it disputed some of the IG’s methodology. It thinks more than half of the nearly 800,000 returns identified by the IG should not be considered potentially fraudulent.

 

“Much more work remains, but it’s important to note that our actions have led to an increasing number of fraudulent returns being detected and stopped — despite challenging budgets in recent years,” the IRS said in a statement.

 

The IG also found “multiple tax returns with the same addresses and/or bank accounts” that the IRS computer filters didn’t catch. An analysis shows that of the top 10 addresses where the IRS sent multiple fraudulent refunds, three were in Bulgaria, one in Ireland and one in Lithuania. Three others were in Florida. Hundreds of refunds went to some of the addresses, and hundreds also went to the same bank accounts.

 

The IRS said in response that it recently has put a limit of three on the number of direct deposit refunds to a single financial account or pre-paid debit card. It also has been working to limit the number of refunds going to the same physical address.

What kind of person is filing fraudluent returns?

 

Where are the fraudulent refunds going?

On the bright side, the fraud is declining…

The IRS made significant progress in blocking phony tax returns in 2013. The total of potentially fraudulent refunds fell to about $2.3 billion for tax year 2012, from about $5.2 billion in tax year 2010, the report says.

 

But we suspect that given the massive cyberattack this week, the numbers will soar once again.

 

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DC Sunsets

What a chump am I!

They get every red cent from me, frightened as I am that they can ruin me if I don’t have ample justification for every item I enter on my return.

It’s just like the No Guns signs: Only those with something to lose obey them. Criminals obey nothing.

We are ruled by toxic parasites. This makes us morons.

SSS
SSS

“The government is incompetent, bureaucratic, ignorant, stupid, evil, and a detriment to our lives.”
—-Admin

I agree 100%. But I can’t imagine how many interesting conversations that one sentence would start if we would all use it. I’ve tried a hybrid a couple of times, and it got ugly in a heartbeat.

starfcker
starfcker

This is not incompetence. The keynseyan theory de jour is get as much money out tjere as possible, under any pretense. Been going on for a long time. In 2005 the bush brothers FEMA paid over 10,000 claims in miami dade county, for damage from hurricane francis, which completly missed miami dade. Neegrows in miami got 21 million dollars worth of new flat screens for nothing

Ghost

When we walked out of the Smithsonian on our recent trip to D.C., I saw this building and asked… “what in the world is that?” It was/is the I.R.S. Nice little gig if you you can get it, huh?

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Ghost

Trying once again, but if it doesn’t work am adding the link, just in case…
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