Connect with us
For tax year 2011, the Internal Revenue Service (IRS) issued $3.6 billion in potentially fraudulent refunds.

archive

$3.6 Billion Lost to Fraud is IRS??s Improvement from the Year before

For tax year 2011, the Internal Revenue Service (IRS) issued $3.6 billion in potentially fraudulent refunds.

$3.6 Billion Lost to Fraud is IRS??s Improvement from the Year before (The Wall Street Journal??s Washington Wire)

For tax year 2011, the Internal Revenue Service (IRS) issued $3.6 billion in potentially fraudulent refunds. This marks an improvement from tax year 2010, when they issued $5.2 billion in questionable returns. The IRS continues to employ more agents to combat identify theft and train workers to deal with legitimate tax payers whose Social Security numbers are stolen. (Fraud information from the Treasury Inspector General for Tax Administration??s report)

Newsletter Signup.

Sign up to the Human Events newsletter

Written By

Advertisement
Advertisement

TRENDING NOW:

Dunkin Donuts Refuses to Get Woke: ‘We Are Not Starbucks’

CULTURE

‘Reaganesque’: Economist Tells CNBC Trump Could Shift Global Order In China Trade War

FOREIGN AFFAIRS

Does ‘Impeach Trump’ Amash Have Financial Interests in China?

FOREIGN AFFAIRS

Woke Mafia Panics as Game of Thrones Slays Queen SJW

CULTURE

archive

$3.6 Billion Lost to Fraud is IRS’s Improvement from the Year before

$3.6 Billion Lost to Fraud is IRS’s Improvement from the Year before (The Wall Street Journal’s Washington Wire)

For tax year 2011, the Internal Revenue Service (IRS) issued $3.6 billion in potentially fraudulent refunds. This marks an improvement from tax year 2010, when they issued $5.2 billion in questionable returns. The IRS continues to employ more agents to combat identify theft and train workers to deal with legitimate tax payers whose Social Security numbers are stolen. (Fraud information from the Treasury Inspector General for Tax Administration’s report)

Newsletter Signup.

Sign up to the Human Events newsletter

TRENDING NOW:

Dunkin Donuts Refuses to Get Woke: ‘We Are Not Starbucks’

CULTURE

‘Reaganesque’: Economist Tells CNBC Trump Could Shift Global Order In China Trade War

FOREIGN AFFAIRS

Does ‘Impeach Trump’ Amash Have Financial Interests in China?

FOREIGN AFFAIRS

Woke Mafia Panics as Game of Thrones Slays Queen SJW

CULTURE

Connect
Newsletter Signup.

Sign up to the Human Events newsletter