IRS wastes billions on Earned Income Credit fraud

Started by quiller, October 23, 2013, 10:34:10 AM

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quiller

Business as usual from that same shining bunch of competence we expect from the rulers of our health care plan, here in socialist America....

QuoteThe Internal Revenue Service paid up to $13.6 billion in bogus claims for the Earned Income Tax Credit last year and as much as $132.6 billion over the past decade, according to an internal audit that already has some members of Congress questioning how the agency will be able to administer Obamacare.

IRS problems with the tax credit aren't new. In fact, the Treasury inspector general for tax administration said it warned officials about the problems in 2011 — but two years later, the agency still hasn't solved the situation and remains in violation of one of President Obama's executive orders.

Indeed, the IRS has not established annual targets for reducing the payments, which is required by law, nor is the agency complying with requirements that it report to auditors each quarter on any EITC payments totaling more than $5,000.

"The IRS should be commended for implementing numerous processes to educate Americans and identify and prevent improper EITC payments," said J. Russell George, Treasury inspector general for tax administration. "Unfortunately, it is still distributing more than $11 billion in improper EITC payments each year, and that is disturbing."

http://www.washingtontimes.com/news/2013/oct/22/irs-paid-132B-bogus-tax-credits-over-last-decade/

"Disturbing," my ass. Democrats always forgive the criminals. It's professional courtesy.

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quiller

More Democratic corruption, again involving the IRS. Seems like many of their major contractors got contracts despite being way behind on their own taxes....

QuoteNearly 700 employees of Internal Revenue Service contractors owe $5.4 million in back taxes, said a report Wednesday by the agency's inspector general.

More than half of those workers are supposed to be ineligible to do work for the IRS because they are not enrolled in installment plans to pay the taxes they owe.

Unlike other federal agencies, the IRS requires employees and those who work on agency contracts to comply with federal tax laws. That means they have to file returns on time and either pay all the taxes they owe or enroll in a payment plan.

"Because many contractor employees have access to sensitive IRS systems and facilities, the IRS should address tax noncompliance for these employees in a similar manner as it would for its own employees," said J. Russell George, Treasury inspector general for tax administration.

The IRS does a good job of checking compliance when contract workers first start their jobs, the report said. But the agency should do a better job of monitoring whether workers continue to follow tax laws afterward.

http://www.breitbart.com/Big-Government/2013/10/23/700-IRS-contract-workers-owe--54M-in-back-taxes

What? Monitor workers, as in try to keep a Democrat honest?