EITC Fraud Continues to Vex IRS

It is estimated that the IRS erroneously paid out 11 to 13 BILLION dollars in EITC.  The IRS thought forcing preparers to send in the 8867 Due Diligence worksheets would put “a dent” in the fraud. The number of fraudulent/erroneous EITC payments has gone down 2-3 billion compared to last year’s numbers.

Have your own tax suggestions? taxreform.govspanking


Posted: May 21, 2013

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