Beware Of Identity Thieves Filing Fraudulent Tax Returns To Steal Your Refund

So you finally drag yourself to your desk/computer/accountant and get your taxes done. Good job. Now wouldn’t it just totally stink if you found out someone had already filed a tax return using your information, and that they’d snagged whatever refund you had coming to you? Yes, it would, which is why the Internal Revenue Service is warning people of just such a scam. [More]

Watch Yourselves, Moneybags: The IRS Says It It's Auditing More Of You Than Before

Watch Yourselves, Moneybags: The IRS Says It It's Auditing More Of You Than Before

The Internal Revenue Sercice is onto you, millionaires, so you best be careful as to how you spend all that money and file your taxes right. The IRS revealed in an enforcement report this week that they’re auditing more wealthy taxpayers for 2011 than 2010. [More]

IRS Is Stuck With $153.3 Million It Wants To Give Away

IRS Is Stuck With $153.3 Million It Wants To Give Away

The Internal Revenue Service has $153.3 million in tax refunds burning a hole in its pocket, but can’t find any takers. The agency says mailing address errors have rendered 99,123 refund checks undeliverable. [More]

IRS Fires Private Debt Collectors, Plans To Pursue Deadbeats On Its Own

IRS Fires Private Debt Collectors, Plans To Pursue Deadbeats On Its Own

The IRS has ended a controversial program that allowed private debt collectors to pursue individual debts owed to the government. The private debt collectors, described as “bounty hunters who collect taxes from vulnerable people for profit,” were allowed to keep 25% of any collected debts for themselves. Before we celebrate, let’s all take a moment to join Senator Charles Grassley of Iowa in thinking about those poor private debt collectors who no longer have jobs harassing and abusing people…