Every time someone threatens to cut government spending, big government types begin screaming that spending is already cut to the bone. Well, if that is true, why don’t we just cut government waste and fraud?
The article reports:
The Internal Revenue Service issued $4 billion in fraudulent tax refunds last year to people using stolen identities, with some of the money going to addresses in Bulgaria, Lithuania and Ireland, according to an inspector general’s report released Thursday.
The IRS sent a total of 655 tax refunds to a single address in Lithuania, and 343 refunds went to a lone address in Shanghai.
Again, 343 payments to one address.
There are certain red flags that result in American taxpayers being audited–a change in giving habits, a drastic change in income, and various other things will set off a flag and result in an audit. Doesn’t the IRS software have the capacity to set off a flag if 343 people have the same address? I realize a large apartment building could easily house 343 people, but wouldn’t they have individual addresses? Shouldn’t that many people at the same address raise a question with someone?
Florida is a prime target for identity theft for the purpose of tax fraud. The article reports:
Among individual homes, one address in Orlando received 580 tax refunds totaling $870,000 last year, the report said. Another Orlando address received 291 refunds totaling $466,000.
The article reports that the IRS has developed a computer program to deal with the problem of identity theft and false tax returns. Let’s hope it is more secure than the ObamaCare website. Meanwhile, let’s see if we can end enough fraud to help with the budget deficit.