J. Russell George, the U.S. Treasury Inspector General for Tax Administration, has just released a report that should be a huge embarrassment to the humongous bureaucracy that is the IRS. The report revealed that billions of dollars in fraudulent tax refunds had bee sent to identity thieves.
What is most embarrassing is that the IRS sent over $3.3 million dollars in refunds from 2,137 fraudulent tax returns to the same address in Lansing, Michigan. Almost as embarrassing is that the IRS sent more than $470,000 in refunds by direct deposit to the same bank account for 300 fraudulent tax returns. And identity thieves from three addresses in Florida filed more than 500 fraudulent returns totaling over $1 million in refunds for each address.
In handling millions of tax returns the IRS is bound to make mistakes, but with screw-ups like those reported by Inspector General George, the IRS doesn’t belong in the government, it belongs on Comedy Central.