The Treasury Inspec??tor General for Tax Administration (TIGTA) has accused IRS supervisors of shirking their duties. (TIGTA-2012-37, 8/8/12) In a new report, TIGTA says that agents were encouraged to rubber-stamp applications for Individual Taxpayer Identification Numbers (ITINs) submitted by illegal immigrants.
As a result, the immigrants were able to create false identities that were subsequently used to obtain fraudulent federal income tax refunds. As a prime example, 15,795 ITINs were assigned to a single location in Phoenix.
Even worse, 23,994 tax refunds totaling $46.3 million were issued to one Atlanta address. Responding quickly, the IRS has acknowledged the error of its ways and is already implementing steps to improve procedures.
Like what you've read? ...Republish it and share great business tips!
Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...
We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.
The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.
" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/33291/irs-fails-to-detect-fraud-inspector-general-says "
Source: http://www.businessmanagementdaily.com/33291/irs-fails-to-detect-fraud-inspector-general-says
hiroki kuroda kuroda gene hackman pineda john edwards heart condition mena suvari joyful noise
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.