Daily News Article - November 14, 2013
1. How much money did the IRS pay out in fraudulent tax refunds last year?
2. How many refunds went to the same address last year:
a) in Lithuania?
b) in Shanghai, China?
c) in Orlando, Florida?
3. List the top 5 U.S. cities where the most number of fraudulent refunds were sent.
4. How much in fraudulent refunds did the IRS stop from going out last year?
5. How do the criminals commit this fraud?
6. How is the IRS dealing with this problem, according to the agency, as well as the inspector general?
7. What could the IRS do to prevent the problem occurring in question #2?
8. The billions of dollars the IRS pays to thieves comes out of our pockets (the taxpayers). Do you think the IRS could/should do a better job of preventing fraud, or is it doing all it can? Explain your answer.