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IRS tax refund fraud ---4 victims at my work already and its only Feb-----"The whole system is a disaster,

 
Anonymous Coward
User ID: 16050670
United States
02/18/2015 11:59 AM
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IRS tax refund fraud ---4 victims at my work already and its only Feb-----"The whole system is a disaster,
Tax-refund fraud is expected to soar again this tax season, and hit a whopping $21 billion by 2016, from just $6.5 billion two years ago, according to the Internal Revenue Service.

And the problem—which the agency admits is growing quickly—is compounded by an outdated fraud-detection system that has trouble identifying many attempts to trick it.

"The flaws in [the IRS'] system are so basic," said Akli Adjaoute, founder and CEO of artificial intelligence firm Brighterion.

"The whole system is a disaster," Adjaoute said.

[link to www.nbcnews.com]
Wire
User ID: 40965928
United States
02/18/2015 12:01 PM
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Re: IRS tax refund fraud ---4 victims at my work already and its only Feb-----"The whole system is a disaster,
Did someone beat them to their refund?
Anonymous Coward (OP)
User ID: 16050670
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02/18/2015 12:12 PM
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Re: IRS tax refund fraud ---4 victims at my work already and its only Feb-----"The whole system is a disaster,
Well they went to file and were told they filed already..the IRS agent put a hold on the account..

I usually wait to file but that seems to be a bad idea going forward..

its now up to 5 people thats 7% of the company and most have not even filed yet
Anonymous Coward (OP)
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02/18/2015 12:13 PM
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Re: IRS tax refund fraud ---4 victims at my work already and its only Feb-----"The whole system is a disaster,
someone pin this for awarness
Anonymous Coward
User ID: 68083544
United States
02/18/2015 12:15 PM
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Re: IRS tax refund fraud ---4 victims at my work already and its only Feb-----"The whole system is a disaster,
Anyone who willingly gives the government an interest free loan deserves to have their money taken.

I've never understood people who get excited about their refund...... it's like dude it was your money all year.
Anonymous Coward (OP)
User ID: 16050670
United States
02/18/2015 12:18 PM
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Re: IRS tax refund fraud ---4 victims at my work already and its only Feb-----"The whole system is a disaster,
Watch out for TurboTax


Wave of Fake Federal and State Tax Returns Filed, Experts

The recent flood of fraudulent tax returns—both state and federal—is the work of "a criminal gang, possibly working outside the country," a leading cyber security expert told NBC News.

Haywood Talcove, CEO for government solutions at LexisNexis, believes the gang is using stolen user names and passwords to gain access to the accounts of people who use online tax preparation software.

"This is potentially the most serious breach of personally identifiable information in the history of our country," Talcove said. "The tax form is the mother lode of personal information."


Armed with this stolen information—Social Security number, date of birth, dependents, employer and adjusted gross income—the thieves can file bogus state and federal income tax returns. If they can file before you do and their fake return makes it through the system, they can steal a sizeable refund.

Read More...and your car may be snooping on you, too
The IRS says that it is working with the software industry and with state tax officials to battle fraud. "Preventing and detecting identity theft and refund fraud remains a top priority for the IRS," the agency said in a statement on Friday. It added that taxpayers should continue to file their tax returns as they normally would.


The vulnerability of online tax preparation services became apparent last week when the Utah Tax Commission and the Minnesota Department of Revenue found thousands of potentially fraudulent returns. Those returns were filed using TurboTax, the popular program made by Intuit.

Intuit temporarily stopped the transmission of e-filed state income tax returns on Friday while it investigated. It resumed processing state returns after announcing that it implemented additional verification measures, such as multi-factor authentication, a technology that has proven effective at preventing identity theft.

[link to www.cnbc.com]
Anonymous Coward
User ID: 62875756
United States
02/18/2015 12:20 PM
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Re: IRS tax refund fraud ---4 victims at my work already and its only Feb-----"The whole system is a disaster,
Anyone who willingly gives the government an interest free loan deserves to have their money taken.

I've never understood people who get excited about their refund...... it's like dude it was your money all year.
 Quoting: Anonymous Coward 68083544


There should be no refund. This country is not going in the right direction because of free loaders.

[link to www.usdebtclock.org]

Each taxpayer should pay $56,000.00 this year because the interest is getting out of hand
Anonymous Coward
User ID: 46576536
United States
02/18/2015 12:26 PM
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Re: IRS tax refund fraud ---4 victims at my work already and its only Feb-----"The whole system is a disaster,
Anyone who willingly gives the government an interest free loan deserves to have their money taken.

I've never understood people who get excited about their refund...... it's like dude it was your money all year.
 Quoting: Anonymous Coward 68083544


There should be no refund. This country is not going in the right direction because of free loaders.

[link to www.usdebtclock.org]

Each taxpayer should pay $56,000.00 this year because the interest is getting out of hand
 Quoting: Anonymous Coward 62875756


What are you an idiot? We regular taxpayers did not create that debt? Govt, Bankers and wallstreeters did.

I am not paying for their yachts!
scottfree

User ID: 32192517
United States
02/18/2015 12:30 PM
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Re: IRS tax refund fraud ---4 victims at my work already and its only Feb-----"The whole system is a disaster,
Anyone who willingly gives the government an interest free loan deserves to have their money taken.

I've never understood people who get excited about their refund...... it's like dude it was your money all year.
 Quoting: Anonymous Coward 68083544


There should be no refund. This country is not going in the right direction because of free loaders.

[link to www.usdebtclock.org]

Each taxpayer should pay $56,000.00 this year because the interest is getting out of hand
 Quoting: Anonymous Coward 62875756




Sure....

take a check?
J 17:15: "I pray not that Thou shouldst take them out of the world, but that Thou shouldst keep them from the evil.

Truth, beauty and virtue ... all the things that THEY hate. All the things God loves.
Anonymous Coward
User ID: 44044090
United States
02/18/2015 12:33 PM
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Re: IRS tax refund fraud ---4 victims at my work already and its only Feb-----"The whole system is a disaster,
Obama care fines due soon.ohappy
Anonymous Coward
User ID: 62875756
United States
02/18/2015 12:44 PM
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Re: IRS tax refund fraud ---4 victims at my work already and its only Feb-----"The whole system is a disaster,
Anyone who willingly gives the government an interest free loan deserves to have their money taken.

I've never understood people who get excited about their refund...... it's like dude it was your money all year.
 Quoting: Anonymous Coward 68083544


There should be no refund. This country is not going in the right direction because of free loaders.

[link to www.usdebtclock.org]

Each taxpayer should pay $56,000.00 this year because the interest is getting out of hand
 Quoting: Anonymous Coward 62875756


What are you an idiot? We regular taxpayers did not create that debt? Govt, Bankers and wallstreeters did.

I am not paying for their yachts!
 Quoting: Anonymous Coward 46576536


Who pays for the 50 million on food stamps? These people are leaching of the system because they don't want to work
Anonymous Coward (OP)
User ID: 16050670
United States
02/18/2015 02:10 PM
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Re: IRS tax refund fraud ---4 victims at my work already and its only Feb-----"The whole system is a disaster,
File Early and dont use online services
Anonymous Coward
User ID: 45967878
United States
02/18/2015 03:01 PM
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Re: IRS tax refund fraud ---4 victims at my work already and its only Feb-----"The whole system is a disaster,
Anyone who willingly gives the government an interest free loan deserves to have their money taken.

I've never understood people who get excited about their refund...... it's like dude it was your money all year.
 Quoting: Anonymous Coward 68083544


There should be no refund. This country is not going in the right direction because of free loaders.

[link to www.usdebtclock.org]

Each taxpayer should pay $56,000.00 this year because the interest is getting out of hand
 Quoting: Anonymous Coward 62875756



You first
Anonymous Coward
User ID: 68159111
France
02/18/2015 03:03 PM
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Re: IRS tax refund fraud ---4 victims at my work already and its only Feb-----"The whole system is a disaster,
Anyone who willingly gives the government an interest free loan deserves to have their money taken.

I've never understood people who get excited about their refund...... it's like dude it was your money all year.
 Quoting: Anonymous Coward 68083544


There should be no refund. This country is not going in the right direction because of free loaders.

[link to www.usdebtclock.org]

Each taxpayer should pay $56,000.00 this year because the interest is getting out of hand
 Quoting: Anonymous Coward 62875756


stfu
Anonymous Coward
User ID: 62875756
United States
02/18/2015 04:29 PM
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Re: IRS tax refund fraud ---4 victims at my work already and its only Feb-----"The whole system is a disaster,
Anyone who willingly gives the government an interest free loan deserves to have their money taken.

I've never understood people who get excited about their refund...... it's like dude it was your money all year.
 Quoting: Anonymous Coward 68083544


There should be no refund. This country is not going in the right direction because of free loaders.

[link to www.usdebtclock.org]

Each taxpayer should pay $56,000.00 this year because the interest is getting out of hand
 Quoting: Anonymous Coward 62875756


stfu
 Quoting: Anonymous Coward 68159111


Another food stamp recipient who doesn't pay taxes.
Anonymous Coward
User ID: 62875756
United States
02/18/2015 04:36 PM
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Re: IRS tax refund fraud ---4 victims at my work already and its only Feb-----"The whole system is a disaster,
This site is full of cheaters and takers. They want to live off of other peoples efforts and labor.
Anonymous Coward
User ID: 55587837
United States
02/18/2015 10:14 PM
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Re: IRS tax refund fraud ---4 victims at my work already and its only Feb-----"The whole system is a disaster,
bump





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